Question: Assume the following data: Long-term debt = 100; Book value of equity = 80; Market value of equity = 100. Calculate the debt-equity ratio. Select

Assume the following data: Long-term debt = 100; Book value of equity = 80; Market value of equity = 100. Calculate the debt-equity ratio. Select one: a. 1.50 b. 0.50 c. 1.25 d. 0.60

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