What is the sustainable growth rate

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Assume the following ratios are constant: Total asset turnover 3.40 Profit margin 6.3 % Equity multiplier 1.50 Payout ratio 30 % What is 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 rate %

Reference no: EM131185830

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