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2. A firm has $4 million in total assets and $2.2 million in equity. How much of its $508,000 capital budget should be debt-financed to

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2. A firm has $4 million in total assets and $2.2 million in equity. How much of its $508,000 capital budget should be debt-financed to retain the same capital structure debt and equity percentages to assets? (a). $254,000 (b). $279,000 (C). $228,600 (d). $508,000

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