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Assume the following ratios are constant, What is the sustainable growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to

Assume the following ratios are constant, What is the sustainable growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Total asset turnover 2.9

Profit margin 6.9%

Equity multiplier 2

Payout ratio 35%

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