Metronic firm $70M in equity and $30M in debt and forecasts $14M in net income for the year. It currently pays dividends equal to 20% of its net income, and is considering changing its payout policy to dividends of $30% of net income.

What is the sustainable growth rate of Metronic under the considered payout policy?

Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, write 0.05