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10. EXLO Company has current sales of $100,000 and has projected annual sales growth of 5%, asset growth of 120%, prot margins of 3%, and

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10. EXLO Company has current sales of $100,000 and has projected annual sales growth of 5%, asset growth of 120%, prot margins of 3%, and its dividend policy is to have a dividend payout of 15% per year. Assume there are no spontaneous liabilities. The sustainable growth rate for EXLO is closest to: a) 0.13% b) 0.38% c) 2.17% d) 4.25%

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