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Assume the following ratios are constant: 3.2 Total asset turnover Profit margin Equity multiplier Payout ratio 6.1% 2.0 25% What is the sustainable growth rate?

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Assume the following ratios are constant: 3.2 Total asset turnover Profit margin Equity multiplier Payout ratio 6.1% 2.0 25% What is the sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. Sustainable growth rate 29.28 %

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