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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

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? (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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