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Assume the following ratios are constant: Total asset turnover1.9 Profit margin8.6% Equity multiplier1.1 Payout ratio25% What is the sustainable growth rate? (in %) (round 4

Assume the following ratios are constant:

Total asset turnover1.9

Profit margin8.6%

Equity multiplier1.1

Payout ratio25%

What is the sustainable growth rate? (in %) (round 4 decimal places)

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