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You are given the following information for Hendrix Guitars, Inc. Profit margin 6.7 % Total asset turnover 1.7 Total debt ratio .48 Payout ratio 25

You are given the following information for Hendrix Guitars, Inc.

Profit margin 6.7 %

Total asset turnover 1.7

Total debt ratio .48

Payout ratio 25 %

Calculate the sustainable growth rate.

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