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A firms profit margin is 22%, and its asset turnover ratio is 0.7. It has no debt, has net income of $70 per share, and

A firms profit margin is 22%, and its asset turnover ratio is 0.7. It has no debt, has net income of $70 per share, and pays dividends of $35 per share. What is the sustainable growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.)

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