Home Corp. has interest-bearing debt with a market value of $65 million. The company also has 2.1
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Home Corp. has interest-bearing debt with a market value of $65 million. The company also has 2.1 million shares that sell for $43 per share. What is the debt-equity ratio for this company based on market values?
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Related Book For 
Corporate Finance
ISBN: 9781260772388
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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