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Hayesville Corporation had net income of $10 million this year on net sales of $132 million per year. At the beginning of this year, its

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Hayesville Corporation had net income of $10 million this year on net sales of $132 million per year. At the beginning of this year, its total equity was 64.4 million and it held $58 million in total liabilities. It paid out $1.6 million in dividends for the year. What is Hayesville Corporation's sustainable growth rate? (Round to nearest whole percent

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