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Meyer Inc's assets are $745,000, and its total debt outstanding is $185,000. The new CFO wants to establish a debt/assets ratio of 55%. The size
Meyer Inc's assets are $745,000, and its total debt outstanding is $185,000. The new CFO wants to establish a debt/assets ratio of 55%. The size of the firm does not change. How much debt must the company add or subtract to achieve the target debt ratio
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Derivatives Markets
Authors: Robert L. McDonald
2nd Edition
032128030X, 978-0321280305
