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The healthcare sector, on average, uses 30% debt financing in its long-term capital mix. Rank the following industries within the sector in descending order of
The healthcare sector, on average, uses 30% debt financing in its long-term capital mix. Rank the following industries within the sector in descending order of debt usage. Justify your rankings.
Biotechnology
Facilities (hospitals and nursing homes)
Medical equipment and supplies
Pharmaceuticals
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