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A stock has a sustainable growth rate of 4 . 1 % and a payout ratio of 6 6 % . What is the return

A stock has a sustainable growth rate of 4.1% and a payout ratio of 66%. What is the return on equity? Enter you answer as a percentage. Do not include the
percentage sign in your answer.
Enter your reponse below rounded to 2 DECIMAL PLACES.
%
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