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Ch 9. Use the following information for Question 22 and 23. The newspaper reported last week that SunRise Enterprises earned $30.87 million this year. The

Ch 9. Use the following information for Question 22 and 23. The newspaper reported last week that SunRise Enterprises earned $30.87 million this year. The report also stated that the firms return on equity is 13 percent. The firm retains 85 percent of its earnings. What is the firm's earnings growth rate?

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