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What will be a firm's equity multiplier given a debt ratio of 0.45? (Round your final answer to two decimal places.) Please show work I
What will be a firm's equity multiplier given a debt ratio of 0.45? (Round your final answer to two decimal places.)
Please show work I am so confused!!!!!
And explain what formulas you use!
| 1.82 |
| 1.28 |
| 2.22 |
| None of these |
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