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A stock has a sustainable growth rate of 4 . 2 % and a return on equity of 2 3 . 8 % . What

A stock has a sustainable growth rate of

4.2 %

and a return on equity of

23.8 % .

What is the plowback ratio? Enter your answer as a percentage. Do not include the percentage sign in your answer.

Enter your response below rounded to

2

DECIMAL PLACES.

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