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Jasmine Manufacturing wishes to maintain a sustainable growth rate of 1 0 . 2 5 percent a year, a debt - equity ratio of 3

Jasmine Manufacturing wishes to maintain a sustainable growth rate of 10.25 percent a year, a debt-equity ratio of 36 and a dividend payout ratio of 34.5 percent. The ratio of total assets to sales is constant at 1.39. What profit margin must the firm achieve?
Profit margin
%
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