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The Cornelius Company has an ROE of 15 percent and a payout ratio of 40 percent. What is the companys sustainable growth rate? (Do not

The Cornelius Company has an ROE of 15 percent and a payout ratio of 40 percent. What is the companys sustainable growth rate? (Do not round intermediate calculations an enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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