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41. A firm wants a sustainable growth rate of 2.98 percent while maintaining a 30 percent dividend payout ratio and a profit margin of 8
41.
A firm wants a sustainable growth rate of 2.98 percent while maintaining a 30 percent dividend payout ratio and a profit margin of 8 percent. The firm has a capital intensity ratio of 2. What is the debt-equity ratio that is required to achieve the firm's desired rate of growth? |
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