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A firm has a retention ratio of 43.00% and a sustainable growth rate of 9.70%. The...

A firm has a retention ratio of 43.00% and a sustainable growth rate of 9.70%. The capital intensity ratio is 1.55 and the debt-equity ratio is .78. What is the profit margin (PM)?

A.

19.46%
B.

11.55%
C.

20.56%
D.

17.91%
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