Question: Beranek Corp has $ 8 1 0 , 0 0 0 of assets ( which equal total invested capital ) , and it uses no
Beranek Corp has $ of assets which equal total invested capital and it uses no debtit is financed only with common equity. The new CFO wants employ enough debt to raise the total debt to total capital ratio to using the proceeds from borrowing to buy back common stock at its book value. Hov much must the firm borrow to achieve the target debt ratio?
a $
b $
c $
d $
e $
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