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Gold Corp. has an ROE of 7 percent and a payout ratio of 15 percent. What is its sustainable growth rate? (Do not round intermediate

Gold Corp. has an ROE of 7 percent and a payout ratio of 15 percent.

What is its sustainable growth rate?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Sustainable growth rate%

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