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Memphic Memphic
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6 years ago
If in 2009 Luther has 10.2 million shares outstanding and these shares are trading at $16 per share, then using the market value of equity, the debt to equity ratio for Luther in 2009 is closest to:
A) 1.47
B) 1.78
C) 2.31
D) 4.07
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
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EgorGruzdevEgorGruzdev
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#1
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6 years ago
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Memphic Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
prime7105
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Yesterday
Helped a lot
jamiebonf99
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2 hours ago
Smart ... Thanks!
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