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A firm has an equity multiplier of 2.5. This means that the firm has a: A. debt-equity ratio of 0.67. B. debt-equity ratio of 1.50.
A firm has an equity multiplier of 2.5. This means that the firm has a:
A.
debt-equity ratio of 0.67.
B.
debt-equity ratio of 1.50.
C.
total debt ratio of 0.50.
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