Fortress of Solitude Co$.$ expects an earnings per share of $$2\mathrm{.}54$ and reinvests $30\%$ of its earnings. Management projects a rate of return of $9\%$ on new projects and investors expect a $9\%$ rate of return on the stock. What is the sustainable growth rate? Enter your answer as a percentage. Do not include the percentage sign in your answer. Fortress of Solitude Co$.$ expects an earnings per share of $$2\mathrm{.}54$ and reinvests $30\%$ of its earnings. Management projects a rate of return of $9\%$ on new

projects and investors expect a $9\%$ rate of return on the stock. What is the sustainable growth rate? Enter your answer as a percentage. Do not include the

percentage sign in your answer.

Enter your response below rounded to $2$ DECIMAL PLACES.

Correct response: $2\mathrm{.}7+-0\mathrm{.}01\%$

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Given a sustainable growth rate of $2\mathrm{.}7\%,$ what is the price of the stock with growth?

Enter your response below rounded to $2$ DECIMAL PLACES.

Correct response: $28\mathrm{.}22+-0$

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What would be the price of the stock with no growth?

Enter your response below rounded to $2$ DECIMAL PLACES.