Layla corp has a 13 percent roe and a 20 percent payout


Layla Corp. has a 13 percent ROE and a 20 percent payout ratio. What is its sustainable growth rate? (Do not round intermediate calculations and round your answer to 2 decimal places. (e.g., 32.16))

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Financial Management: Layla corp has a 13 percent roe and a 20 percent payout
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