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The Parodies Corp. has a 22 percent return on equity and a 23 percent payout ratio. What is its sustainable growth rate? 18.68 percent 19.25

The Parodies Corp. has a 22 percent return on equity and a 23 percent payout ratio. What is its sustainable growth rate?

18.68 percent
19.25 percent
19.49 percent
20.39 percent
22.00 percent

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