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Digby has a leverage of 1.82 This means that: (Assume leverage is calculated as Assets/Equity) Select: 1 Assets are funded with 82% debt. $1.82 of
Digby has a leverage of 1.82 This means that:
(Assume leverage is calculated as Assets/Equity)
Select: 1
Assets are funded with 82% debt.
$1.82 of assets is funded with $1.00 of debt and $0.82 of equity.
$1.82 of assets is funded with $1.00 of equity and $0.82 of debt.
Assets are funded with 82% equity
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