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The Raindrop Company has an ROE of 13.7 percent and a payout ratio of 40 percent. What is the company's sustainable growth rate? (Do not

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The Raindrop Company has an ROE of 13.7 percent and a payout ratio of 40 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 %

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