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  3. &. a firm's debt ratio is 40%, which of the fo

&. A firm's debt ratio is 40%, which of the following statement is correct? a....

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&. A firm's debt ratio is 40%, which of the following statement is correct? a. The firm's equity ratio is also 40%. b. The firm's equity ratio is 60%. The firm's equity multiplier is 1.67 d. Both a and b are correct. e. Both b and c are correct

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