Refer to Table 17-3 of the textbook, copied in the next. Debt as a Percentage of the Market Value of Equity and Debt (Industry Averages) High Leverage 66.29 Homebuilding 55.28 Hotel/gaming 47.93 Steel 42.57 Construction 38.98 supplies Environmental & waste services Low Leverage 17.96 Healthcare products 14.58 Pharmaceutical 14.09 Semiconductor 9.63 Online retail 4.27 Internet software Table 17.3 Capital Structure Ratios for Selected U.S. Industries (averages) What do you notice about the types of industries with respect to their average debt-equity ratios? Are certain types of industries more likely to be highly leveraged than others? What are some possible reasons for this observed segmentation? Refer to Table 17-3 of the textbook, copied in the next. Debt as a Percentage of the Market Value of Equity and Debt (Industry Averages) High Leverage 66.29 Homebuilding 55.28 Hotel/gaming 47.93 Steel 42.57 Construction 38.98 supplies Environmental & waste services Low Leverage 17.96 Healthcare products 14.58 Pharmaceutical 14.09 Semiconductor 9.63 Online retail 4.27 Internet software Table 17.3 Capital Structure Ratios for Selected U.S. Industries (averages) What do you notice about the types of industries with respect to their average debt-equity ratios? Are certain types of industries more likely to be highly leveraged than others? What are some possible reasons for this observed segmentation