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12. If a firm has three times as much equity as debt in its capital structure, then the firm has: A. 25.0% debt. B. 66.7%

12. If a firm has three times as much equity as debt in its capital structure, then the firm has:

A. 25.0% debt. B. 66.7% equity. C. 40.0% debt. D. 33.3% equity.

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