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A stock has a sustainable growth rate of 4.4% and a payout ratio of 58 %. What is the return on equity? Enter you

A stock has a sustainable growth rate of 4.4% and a payout ratio of 58 %. 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. Number %

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