You are given the following information for Hendrix Guitars, Inc. Calculate the sustainable growth rate. (Do not round intermediate calculations and enter your answer as a percent roundedto 2 decimal places, e.g., 32.16.)

Answer is not 7.4 or is it 4.39. I need to the correct solution to this.

You are given the following information for Hendrix Guitars, Inc. Profit margin Total asset turnover Total debt ratio Payout ratio 5.8% 1.3 39 40% Calculate the sustainable growth rate. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate7.4