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Question 4 : ABC Corp . is prohibited from issuing more senior debt unless net tangible assets exceed 150% of senior debt . Currently ,

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Question 4 : ABC Corp . is prohibited from issuing more senior debt unless net tangible assets exceed 150% of senior debt . Currently , the company has outstanding $ 100 million of senior debt and has net tangible assets of $ 201 million . How much more senior debt can ABC Corp . issue

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