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Question 17 1 pts You are considering an investment in Mandesa Inc. The firm finances its $35 million in assets with $27 million in equity

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Question 17 1 pts You are considering an investment in Mandesa Inc. The firm finances its $35 million in assets with $27 million in equity and the remaining balance in debt. Calculate the firm's equity multiplier. (Round your answer to two decimal places.)

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