How much debt will caterpillar have if it maintains a


Suppose? Caterpillar, Inc., has 651 million shares outstanding with a share price of $72.29, and $24.32 billion in debt. If in three? years, Caterpillar has 699 million shares outstanding trading for $86.33 per? share, how much debt will Caterpillar have if it maintains a constant? debt-equity ratio?

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Financial Management: How much debt will caterpillar have if it maintains a
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