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High Flyer, Inc., wishes to maintain a growth rate of 17.75 percent per year and a debtequity ratio of 1.25. The profit margin is 4.1
High Flyer, Inc., wishes to maintain a growth rate of 17.75 percent per year and a debtequity ratio of 1.25. The profit margin is 4.1 percent, and total asset turnover is constant at 1.01. What is the maximum sustainable growth rate for this company? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places.
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