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A firm has an asset turnover ratio of 5.0. Its plowback ratio is 50%, and...

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Finance

A firm has an asset turnover ratio of 5.0. Its plowback ratio is 50%, and it is all-equity-financed. If the profit margin of the firm is 2%, what is the maximum possible growth rate that can be sustained without external financing? (Do not round intermediate calculations. Enter your answer as a whole percent.)

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