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SGS Corp. has an ROE of 14 percent and a payout ratio of 16 percent. What is its sustainable growth rate? (Do not round intermediate

SGS Corp. has an ROE of 14 percent and a payout ratio of 16 percent.

What is its sustainable growth rate?(Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

Sustainable growth rate%

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