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Problem 3-26 Constraints on Growth Shinedown, Inc., wishes to maintain a growth rate of 10 percent per year and a debt-equity ratio of .5. Profit

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Problem 3-26 Constraints on Growth Shinedown, Inc., wishes to maintain a growth rate of 10 percent per year and a debt-equity ratio of .5. Profit margin is 5.1 percent, and the ratio of total assets to salos is constant at 1.70. What dividend payout ratio is necessary to achieve surprised if your answer is negative. A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g, 32.16.) this growth rate under these constraints? (Do not be Payout ratio What is the maximum growth rate possible? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, o.g.32.16) aximum growth rate Is a growth rate of 10 percent possible? O Possible Impossible

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