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In the statement, If the debt-asset ratio is 1.75, the equity multiplier would be 2.5., changing 1.75 to 1.25 would result in the statement being

In the statement, "If the debt-asset ratio is 1.75, the equity multiplier would be 2.5.", changing "1.75" to "1.25" would result in the statement being True.

TRUE OR FALSE?

***Please show work. Thank you!

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