The corporation has accumulated a significant amount of, Financial Management

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The corporation has accumulated a significant amount of

The Corporation has accumulated a significant amount of debt while acquiring several competing providers. The Corporation cannot go beyond a debt equity ratio of 2:1. Plannedacquisition will cost $10 million. Its current level of equity is $50 Million and its current level of debt is $91million. What is the Corporation Debt to Equity ratio?

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