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Let's assume a firm's EBIT is $963,323, its target coverage ratio is 19 and the interest rate is 6%. Calculate the maximum amount of debt

Let's assume a firm's EBIT is $963,323, its target coverage ratio is 19 and the interest rate is 6%. Calculate the maximum amount of debt for the firm.

a. 847,123

b.846,123

c. 849,123

d. 845,020

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