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Assume the following ratios are constant: Total asset turnover 2.5 Profit margin 5.4 % Equity multiplier 1.3 Payout ratio 35 % What is the sustainable
| Assume the following ratios are constant: |
| Total asset turnover | 2.5 | ||
| Profit margin | 5.4 | % | |
| Equity multiplier | 1.3 | ||
| Payout ratio | 35 | % | |
| What is the sustainable growth rate? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places (e.g., 32.16).) |
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Options Futures And Other Derivatives
Authors: John C. Hull
3rd Edition
0131864793, 9780306457555
