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5. Consider the following equation: D(t)=dV L (t). The term d in this equation is: Select one: a. the firm's target debt to value ratio

5. Consider the following equation:

D(t)=dVL(t).

The term d in this equation is:

Select one:

a. the firm's target debt to value ratio at time t.

b. the investment's debt capacity at time t.

c. the firm's target debt to equity ratio at time t.

d. the dollar amount of debt outstanding at time t.

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