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Problem 3-14 Sustainable Growth [LO 3] Assume the following ratios are constant. Total asset turnover = 2.19 Profit margin = 4.7% Equity multiplier = 1.66

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Problem 3-14 Sustainable Growth [LO 3] Assume the following ratios are constant. Total asset turnover = 2.19 Profit margin = 4.7% Equity multiplier = 1.66 Payout ratio = 44% What is the sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate

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