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The Raindrop Company has an ROE of 12.1 percent and a payout ratio of 25 percent. What is the company's sustainable growth rate? (Do not

The Raindrop Company has an ROE of 12.1 percent and a payout ratio of 25 percent.

What is the company's sustainable growth rate?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Sustainable Growth Rate = %

please answer correctly thank you.

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