Week 2 Cash Flows 3 - If the ultimate equation is debt...

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Here it the results pf my calculations. I would also appreciate any feedback as it may help us all on our homework problems as well.
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Unformatted text preview: If the ultimate equation is debt ratio = 1-(1/equity multiplier) Then debt ratio = 1-(1/2.4) = 1-0.416666667 = 0.583333333 or 58.33%...
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