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Premier Corporation has an ROE of 14.1 percent and a payout ratio of 25 percent. What is its sustainable growth rate? (Do not round intermediate

Premier Corporation has an ROE of 14.1 percent and a payout ratio of 25 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.) Sustainable growth rate 12.00%

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