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Assume the following ratios are constant:   Total asset turnover 2.50   Profit margin 5.4 %   Equity multiplier...

Assume the following ratios are constant:

  Total asset turnover 2.50
  Profit margin 5.4 %
  Equity multiplier 1.30
  Payout ratio 35 %

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.)

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