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A firm has total debt of $1,390 and a debtequity ratio of .24. What is the value of the total equity? Group of answer choices

A firm has total debt of $1,390 and a debtequity ratio of .24. What is the value of the total equity?

Group of answer choices

$2,300.00

$6,000.00

$5,791.67

$1,697.40

$3,174.00

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