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Gabbygains Co. has 70% of its capital structure dedicated to equity with no preferred stock issued. What is the firm's debt-to-equity ratio? a. 0.62 b.

Gabbygains Co. has 70% of its capital structure dedicated to equity with no preferred stock issued. What is the firm's debt-to-equity ratio?

a. 0.62

b. 0.55

c. 0.49

d. 0.43

e. 0.5

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