Again Chegg has incorrect answers in their solutions. First correct answer gets

Again Chegg has incorrect answers in their solutions. First correct answer gets 5 stars as soon as verified. I know the growth rate is
not possible. Again show work or no rating.

Seether Inc. wishes to maintain a growth rate of 12 percent per year and a debt%u2013equity ratio of 0.40. Profit margin is 5.8 percent and
the ratio of total assets to sales is constant at 1.55.

What dividend payout ratio is necessary to achieve this growth rate under these constraints? (Negative answer
should be indicated by a minus sign. Do not round intermediate calculations.)