Fairlane Company has an ROA of $7\mathrm{.}7$ percent and a payout ratio of $27$ percent. What is its internal growth rate?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16$

Internal growth rate $,$vdotsdotsdotsdotsdotsdotsdots