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If the Premier Corporation has an ROE of 8 percent and a payout ratio of 16 percent, what is its sustainable growth rate? (Do not

If the Premier Corporation has an ROE of 8 percent and a payout ratio of 16 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.)

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