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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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