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R. N. C., Inc., desires a sustainable growth rate of 3.29 percent while maintaining a 48 percent dividend payout ratio and a profit margin of

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R. N. C., Inc., desires a sustainable growth rate of 3.29 percent while maintaining a 48 percent dividend payout ratio and a profit margin of 4 percent. The company has a capital intensity ratio of 2.0. What equity multiplier is required to achieve the company's desired rate of growth? Multiple Choice 3.06 O 3.14 2.98 o 4.02 0 2.52

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