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A nursing home projects asset growth at 10 percent per year over the next 1o years. If it wishes to reduced its reliance on debt

A nursing home projects asset growth at 10 percent per year over the next 1o years. If it wishes to reduced its reliance on debt financing, what rate of equity growth over the 10 year period will be desired? Is it.

A. 10 percent per year

B. Less than 10 percent per year

C. Greater than 10 percent per year

D. None of the above

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