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A firm has the following details: $ 1 , 1 0 0 , 0 0 0 in net income $ 2 , 0 0 0

A firm has the following details:
$1,100,000 in net income
$2,000,000 in total assets
$1,000,000 in total liabilities
A payout ratio of 41%
Calculate the firm's sustainable growth rate. Provide your answer in decimal form. THE ANSWER IS NOT 0.451

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