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Burr Oak Homes wishes to maintain a growth rate of 9 . 8 9 percent a year, a constant debt - equity ratio of .

Burr Oak Homes wishes to maintain a growth rate of 9.89 percent a year, a constant debt-equity ratio of .42, and a dividend payout ratio of 40 percent. The ratio of total assets to sales is constant at 1.3. What net profit margin must the firm achieve?

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