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MC algo 3-22 Sustainable Growth Rate A firm wants a sustainable growth rate of 2.93 percent while maintaining a dividend payout ratio of 23 percent

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MC algo 3-22 Sustainable Growth Rate A firm wants a sustainable growth rate of 2.93 percent while maintaining a dividend payout ratio of 23 percent and a profit margin of 7 percent. The firm has a capital intensity ratio of 2. What is the debt-equity ratio that is required to achieve the firm's desired rate of growth? Multiple Choice 53 times 77 times .06 times 18 times

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