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In general, the capital structures used by U.S. firms: Tend to overweigh debt in relation to equity. Generally result in debt-equity ratios between .45 and

In general, the capital structures used by U.S. firms:

Tend to overweigh debt in relation to equity.
Generally result in debt-equity ratios between .45 and .60.
Are fairly standard for all SIC codes.
Tend to be those that maximize the use of the firm's available tax shelters.
Vary significantly across industries.

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