Massachusetts Burger is a national chain that, because of its success, has

decided to expand. MassBurger, as it's also known, is currently unlevered and

has assets valued at $1750000.$ Suppose the size of the assets increases by a

factor of $2\mathrm{.}25($for example, if the factor is $10,$ then it means the amount of

assets will be $10$ times as large$),$ with all of the expansion funds coming from

debt capital.

What must the percentage fall in the assets be before all the equity is wiped

out?

Answer:

$\%$

Place your answer in percentage form and two decimal places. For example, if

your answer is twelve point seven five percent then submit as your answer

$12\mathrm{.}75\%$