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Assume the following ratios are constant: Total asset turnover 1.9 Profit margin 8.6% Equity multiplier 1.1 Payout ratio 25% What is the sustainable growth rate?

Assume the following ratios are constant:

Total asset turnover 1.9

Profit margin 8.6%

Equity multiplier 1.1

Payout ratio 25%

What is the sustainable growth rate? (in %)

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