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A corporation has 2,000,000 outstanding shares with a current market value of $57 each. It also has $28,500,000 in debt, financed at 10%. What is
A corporation has 2,000,000 outstanding shares with a current market value of $57 each. It also has $28,500,000 in debt, financed at 10%. What is the firm's D/E ratio? 0.25 4 0.025 142.5
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