Question: Using the above assumptions, determine the maximum average growth rate over the 5 year forecast period that would result in the owners NOT having to

Using the above assumptions, determine the maximum average growth rate over the 5 year forecast period that would result in the owners NOT having to contribute any additional capital. That is, find the sustainable growth rate. (Hint: you may want to find the growth rate in each year of the forecast period, then take the average to determine the average sustainable growth.)

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