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Ramble On Co. wishes to maintain a growth rate of 9 percent a year, a debt-equity ratio of 0.33, and a dividend payout ratio of

Ramble On Co. wishes to maintain a growth rate of 9 percent a year, a debt-equity ratio of 0.33, and a dividend payout ratio of 62 percent. The ratio of total assets to sales is constant at 1.38. What profit margin must the firm achieve?

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