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A firm has an equity multiplier of 1.5. This means that the firm has a: A. debt-equity ratio of 0.67. B. debt-equity ratio of 0.33.

A firm has an equity multiplier of 1.5. This means that the firm has a: A. debt-equity ratio of 0.67. B. debt-equity ratio of 0.33. C. total debt ratio of 0.50. D. total debt ratio of 0.67. E. total debt ratio of 0.33

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