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AquaPure Inc. plans to enhance its water purification systems by investing $35 million, sourced from $8 million in retained earnings and $27 million in debt.

AquaPure Inc. plans to enhance its water purification systems by investing $35 million, sourced from $8 million in retained earnings and $27 million in debt. Evaluate the impact on the debt-to-equity ratio if the current equity is $45 million.

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