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Seether, Inc., wishes to maintain a growth rate of 11 percent per year and a debtequity ratio of 0.2. Profit margin is 5.9 percent, and

Seether, Inc., wishes to maintain a growth rate of 11 percent per year and a debtequity ratio of 0.2. Profit margin is 5.9 percent, and the ratio of total assets to sales is constant at 1.56.

What dividend payout ratio is necessary to achieve this growth rate under these constraints? (Negative answer should be indicated by a minus sign. Do not round intermediate calculations.)

Is this growth rate possible?

What is the maximum sustainable growth rate possible given these constraints? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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