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The corporate’s CEO wants to maximize the personal debt stages about the Large County’s harmony sheet and utilizing the debt proceeds to repay the debt. It is assumed that the utmost level of financial debt investigate this site will be kept 50% of the total fairness right after deducting The present liabilities from the entire assets. The credit card debt level equalled to $four.862 million (See Appendix six) after the proposed debt maximization assumption.
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