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Assume the following ratios are constant: Total asset turnover 3.1 Profit margin 6 % Equity multiplier 1.5 Payout ratio 20 % What is the sustainable

Assume the following ratios are constant:

Total asset turnover 3.1
Profit margin 6 %
Equity multiplier 1.5
Payout ratio 20 %

What is the sustainable growth rate?

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