High Flyer, Inc., wishes to maintain a growth rate of 17 percent per year and a debt-equity ratio of 1.10. The profit margin is 4.4 percent, and total asset turnover is constant at 1.04.

Requirement 1:

What is the dividend payout ratio? (Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

Dividend payout ratio

%

Requirement 2:

Is this payout ratio possible?

(Click to select)NoYes