In Problem 21, suppose the firm wishes to keep its debt-equity ratio constant. What is EFN now?
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In Problem 21, suppose the firm wishes to keep its debt-equity ratio constant. What is EFN now?
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The DE ratio of the company is DE 85000 158000 322900 DE 7526 So the new total debt amount will be New total debt 7526418632 New total debt 315044 Thi...View the full answer
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Related Book For 
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
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