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Cutler Corp. has a return on assets ratio of 12%. It plans to issue bonds at 8% and use the cash to repurchase stock. What
Cutler Corp. has a return on assets ratio of 12%. It plans to issue bonds at 8% and use the cash to repurchase stock. What effect will this have on its debt to total assets ratio and on its return on common stockholders equity? (Number example would be great too).
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