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Your firm has an ROE of 11.6%. a payout ratio of 28%, $588, 100 of stockholders' equity, and $429,000 of debt. If you grow at
Your firm has an ROE of 11.6%. a payout ratio of 28%, $588, 100 of stockholders' equity, and $429,000 of debt. If you grow at your sustainable growth rate this year, how much additional debt will you need to issue? The sustainable growth rate is %. (Round to three decimal place.)
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