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Assume the following ratios are constant Total asset 2.90 turnover Profit margin Equity multiplier 1.10 Payout ratio 5.2% 35% What is the sustainable growth rate?

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Assume the following ratios are constant Total asset 2.90 turnover Profit margin Equity multiplier 1.10 Payout ratio 5.2% 35% 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.) Sustainable growth rate 12.36 %

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