Suppose that instead of plowing money back into lucrative v America's management is investing at an expected return on equit is below the return of 78% that investors could expect to get from Cono, which securities. ventures, Aqua of 5%which a. Find the sustainable growth rate of dividends and earnings in these b. Find the new value of its investment opportunities. Explain why this v c. If you were a corporate raider, would Aqua America be a good candidate for circum. stances. Continue to assume a 40% plowback ratio. negative despite the positive growth rate of earnings and dividends. an attempted takeover