Your firms strategic plan calls for a net increase in total assets of $100 million during the next five years, which represents an annual compounded growth rate of 15 percent. Equity growth is also projected to be 15 percent per year. Assume that the firms Total Asset Turnover will average 1.0 in each of the five years and Equity Financing percentages will remain constant at 50 percent. The firm projects Reported Income Index values to be 0.85 each year. What is the required Total Margin that will make this plan financially feasible? Show your calculations to support your answer. PLEASE PROVIDE EXPLANATION. THANK YOU!

A. 12.75 percent

B. 6.38 percent

C. 15.0 percent

D. None of the above