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Premier Corporation has an ROE of 1 4 . 7 percent and a payout ratio of 4 6 percent. What is its sustainable growth rate?

Premier Corporation has an ROE of 14.7 percent and a payout ratio of 46 percent. What is its sustainable growth rate?
Note: 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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