ved Saveta Assume you own 600 shares of stock in an all equity firm and...
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Accounting
ved Saveta Assume you own 600 shares of stock in an all equity firm and want to use homemade leverage to create your preferred D/E ratio of 14. If the stock prices 20 per than what amount do you need to lend or borrow? Do not round Intermediate calculations. Round the final answer to 2 decimal places. Omit any common and the sign in your response. For some 1000 should be entered as 100050
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