=+iii. Debt ratio. i.e., Debt to (Debt plus Equity), using the market value of equity and the
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=+iii. Debt ratio. i.e., Debt to (Debt plus Equity), using the market value of equity and the book value of debt (assuming the book value of debt is similar to its market value).
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Related Book For 
Corporate Finance For Business The Essential Concepts
ISBN: 9783030924188
2nd Edition
Authors: Ronny Manos, Keith Parker, D. R. Myddelton
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