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If the Moran Corp. has an ROE of 11 percent and a payout ratio of 20 percent, what is its sustainable growth rate? (Do not

If the Moran Corp. has an ROE of 11 percent and a payout ratio of 20 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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