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Meyer Inc's total invested capital is $670,000, and its total debt outstanding is $185,000. The new CFO wants to establish a total debt to total

Meyer Inc's total invested capital is $670,000, and its total debt outstanding is $185,000. The new CFO wants to establish a total debt to total capital ratio of 55%. The size of the firm will not change. How much debt must the company add or subtract to achieve the target debt to capital ratio?

a.$187,170

b.$183,500

c.$227,540

d.$170,655

e.$194,510

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