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Fleur International had a 3% profit margin and a 35% dividend payout ratio. The total asset turnover is 1.25 and the equity multiplier is 1.30.

Fleur International had a 3% profit margin and a 35% dividend payout ratio. The total asset turnover is 1.25 and the equity multiplier is 1.30. What is the sustainable growth rate?

A.

3.27%

B.

3.67%

C.

4.27%

D.

5.60%

E.

None of these

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