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A firm wants a sustainable growth rate of 3.23 percent while maintaining a dividend payout ratio of 29 percent and a profit margin of 8
A firm wants a sustainable growth rate of 3.23 percent while maintaining a dividend payout ratio of 29 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? .
55 times
.71 times
.10 times .
.21 times
.90 times
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