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You are given the following information for Clapton Guitars, Inc. Profit margin 8 % Total asset turnover 1.5 Total debt ratio 0.31 Payout ratio 30

You are given the following information for Clapton Guitars, Inc. Profit margin 8 % Total asset turnover 1.5 Total debt ratio 0.31 Payout ratio 30 % Calculate the sustainable growth rate (in %)

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