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An analyst gathered the following information regarding a company: Return on assets = 18% Asset turnover = 13% Dividend payout ratio = 60% Equity multiplier

An analyst gathered the following information regarding a company:

Return on assets = 18%

Asset turnover = 13%

Dividend payout ratio = 60%

Equity multiplier = 1.35

The company's sustainable growth rate is closest to:

Select one:

a. 9.72%

b. 14.58%

c. 12.64%

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