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Need help Bordeaux Inc. has no debt and total assets of $440,000. The CFO wants to increase the debt/assets ratio to 30%. She plans to

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Bordeaux Inc. has no debt and total assets of $440,000. The CFO wants to increase the debt/assets ratio to 30%. She plans to use the proceeds from borrowing to buy back common stock at its book value. -avi.1 1 A 1 Attempt 1/10 for 10 pts. How much debt must the firm take on to achieve the target debt ratio

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