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Premier Corporation has an ROE of 14.9 percent and a payout ratio of 48 percent. What is its sustainable growth rate? Note: Do not round

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Premier Corporation has an ROE of 14.9 percent and a payout ratio of 48 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 . Answer is complete but not entirely correct

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