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Premier Corporation has an ROE of 13.7 percent and a payout ratio of 36 percent. What is its sustainable growth rate? Note: Do not round

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Premier Corporation has an ROE of 13.7 percent and a payout ratio of 36 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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