Calculate the sustainable growth rate

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You have located the following information on Webb’s Heating & Air Conditioning: debt ratio is 58 percent, capital intensity is 1.20 times, profit margin is 12.9 percent, and the dividend payout is 29.00 percent.

Calculate the sustainable growth rate for Webb. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Reference no: EM131303709

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