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Intro Your company wants to grow by 6% next year. The target debt-equity ratio is 0.6 and payout ratio is 60%. The company has

Intro Your company wants to grow by 6% next year. The target debt-equity ratio is 0.6 and payout ratio is 60%. The company has a profit margin of 20% and a total asset turnover of 1.3. Part 1 What is the sustainable growth rate? 3+ decimals Submit 2+ decimals Attempt 2/3 for 9.5 pts. Part 2 What payout ratio is consistent with the desired growth rate of 6%? Submit Attempt 1/3 for 10 pts.

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