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23. If a firm has twice as much equity as debt in its capital structure, then the firm has: A. 75.0% debt. B. 66.7% equity.

23. If a firm has twice as much equity as debt in its capital structure, then the firm has:

A. 75.0% debt.

B. 66.7% equity.

C. 40.0% debt.

D. 33.3% equity.

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