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Assume the following ratios are constant: Total asset turnover 3.0 Profit margin 5.9% Equity multiplier 1.5 Payout ratio 35% What is the sustainable growth rate?

Assume the following ratios are constant:

Total asset turnover 3.0

Profit margin 5.9%

Equity multiplier 1.5

Payout ratio 35%

What is the sustainable growth rate? ___________________%

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