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Assume the following ratios are constant: Total asset turnover 2.8 Profit margin 6.8% Equity multiplier 2.0 Payout ratio 30% What is the sustainable growth rate?

Assume the following ratios are constant: Total asset turnover 2.8 Profit margin 6.8% Equity multiplier 2.0 Payout ratio 30% 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.)

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