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Internet Industries expects to earn $5.00 for the coming year, and pay a $2.00 dividend. Its ROE is 13 percent, while its leverage factor is

Internet Industries expects to earn $5.00 for the coming year, and pay a $2.00 dividend. Its ROE is 13 percent, while its leverage factor is 1.7. Calculate the sustainable growth rate in dividends.

a 3.26%

b 9.57%

c 13.26%

d 10.32%

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