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1) Why do you think firms in each industry tend to have similar debt ratios (and/or debt-to-equity)?What are the risks, related to debt, facing firms
1) Why do you think firms in each industry tend to have similar debt ratios (and/or debt-to-equity)?What are the risks, related to debt, facing firms when their revenues drop significantly?What type of firms or industries do you think will be at greatest risk due to their debt levels during the current economic reality?
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