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PLEASE ANSWER ASAP Consider a firm with EBIT of $2M and $10M of debt. Based on the following data for rated firms in the same
PLEASE ANSWER ASAP
Consider a firm with EBIT of $2M and $10M of debt. Based on the following data for rated firms in the same industry, this firm's credit rating should be at least Rating AAA AA A BBB Interest rate 4% 5% 6% 7% EBIT coverage 7 6.2 5 2 BBB AAA less than BBB A AA
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