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A firm wishes to maintain a sustainable growth rate of 11% and a dividend payout ratio of 52%. The ratio of total assets to sales

A firm wishes to maintain a sustainable growth rate of 11% and a dividend payout ratio of 52%. The ratio of total assets to sales is constant at 1, and the profit margin is 10.1%. What must the debt-to-equity ratio be if the firm wants its sustainable growth rate to be constant over time?

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