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The Tac company wishes to maintain a growth rate of 10% per year and a debt / equity ratio of 0.5. The dividend payout rate

The Tac company wishes to maintain a growth rate of 10% per year and a debt / equity ratio of 0.5. The dividend payout rate is 0.2 and the ratio of total assets to sales is constant at 1.2 (asset turnover rate). What should the profit margin be?

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