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Suprenuk, Inc. wants to maintain a growth rate of 15 percent annually and a debt-to-equity ratio of 0.6.The profit margin is 6.3 percent and the

Suprenuk, Inc. wants to maintain a growth rate of 15 percent annually and a debt-to-equity ratio of 0.6. The profit margin is 6.3 percent and the ratio of total assets to sales is constant at 1.60.

What dividend payout ratio is necessary to achieve this growth rate under these constraints? (A negative answer should be indicated with a minus sign. Do not round intermediate calculations and enter your answer as a percentage rounded to 2 decimal places, for example, 32.16.)

What is the maximum possible growth rate?

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