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Badoglio Manufactura wants a sustainable growth rate of 2.98 percent while maintaining a dividend payout ratio of 30 percent and a profit margin of 8

Badoglio Manufactura wants a sustainable growth rate of 2.98 percent while maintaining a dividend payout ratio of 30 percent and a profit margin of 8 percent. The firm has a capital intensity ratio of 2. What is the debtequity ratio that is required to achieve the firm's desired rate of growth?

.70 times

.52 times

.97 times

.21 times

.03 times

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