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Consider a firm with EBIT of $4M and $10M of debt. Given the following data for rated firms in the same industry, what should be

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"Consider a firm with EBIT of $4M and $10M of debt. Given the following data for rated firms in the same industry, what should be the rating of this firm?" AA A BBB Rating Interest rate EBIT coverage 4% 9.5 5% 6% 7% 7 6 5 A. AA B. AAA C.A BBB D. less than BBB E

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