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