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Assume the following ratios are constant. Total asset turnover 1.25 Profit margin 8.7% Equity multiplier 1.2 Payout ratio 53% What is the sustainable growth rate?

Assume the following ratios are constant.

Total asset turnover 1.25

Profit margin 8.7%

Equity multiplier 1.2

Payout ratio 53%

What is the sustainable growth rate?

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