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A firm wants a sustainable growth rate of 2.98 percent while maintaining a dividend payout ratio of 30 percent and a profit margin of 8

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A firm wants a sustainable growth rate of 2.98 percent while maintaining a dividend payout ratio of 30 percent 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? Multiple Choice O .97 times .70 times 03 times O O .21 times O .52 times

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