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can someone solve this Problem 13-15 M&M [LO 1] Three Piggies Enterprises has no debt. Its current total value is $72.4 million. Assume the company
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Problem 13-15 M&M [LO 1] Three Piggies Enterprises has no debt. Its current total value is $72.4 million. Assume the company sells $33.2 million in debt. Ignoring taxes, what is the debt-equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Debt-equity ratio Assume the company's tax rate is 30 percent. What is the debt-equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Debt-equity ratioStep by Step Solution
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