Constant debt equity ratio? General accounting Suppose Caterpillar, Inc., has 665 million sharesoutstanding with a share price of $74.77, and $25billion in debt. If in three years, Caterpillar has 700million shares outstanding trading for $83 per share,how much debt will Caterpillar have if it maintains aconstant debt-equity ratio?

The question pertains to the debt-to-equity ratio. The debt-to-equity (D/E) ratio is used to…

Answered: Suppose Caterpillar, Inc., has 665…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter15: Dividend Policy

Section: Chapter Questions

Problem 4P

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Suppose Loc Motors, Inc. has 720 million shares outstanding with a share price of $65.20, and $30.85 billion in debt. If in three years, Loc Motors has 770 million shares outstanding trading for $78.45 per share, how much debt will Loc Motors have if it maintains a constant debt-equity ratio? The amount of debt required in three years will be $_ billion.
Suppose Loc Motors, Inc. has 720 million shares outstanding with a share price of $65.20, and $30.85 billion in debt. If in three years, Loc Motors has 770 million shares outstanding trading for $78.45 per share, how much debt will Loc Motors have if it maintains a constant debt-equity ratio? The amount of debt required in three years will be $_ billion. Need answer
Suppose Loc Motors, Inc. has 720 million shares outstanding with a share price of $65.20, and $30.85 billion in debt. If in three years, Loc Motors has 770 million shares outstanding trading for $78.45 per share, how much debt will Loc Motors have if it maintains a constant debt-equity ratio? The amount of debt required in three years will be $_ billion. Accounting problem
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Constant debt equity ratio?
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Suppose Chrysler Motors has 720 million shares outstanding with a share price of $68.25, and $30 billion in debt. If in three years, Chrysler has 750 million shares outstanding trading for $76 per share, how much debt will Chrysler have if it maintains a constant debt-equity ratio? Help
Please help me.
Suppose Chrysler Motors has 720 million shares outstanding with a share price of $68.25, and $30 billion in debt. If in three years, Chrysler has 750 million shares outstanding trading for $76 per share, how much debt will Chrysler have if it maintains a constant debt-equity ratio? Correct Answer
Suppose Chrysler Motors has 720 million shares outstanding with a share price of $68.25, and $30 billion in debt. If in three years, Chrysler has 750 million shares outstanding trading for $76 per share, how much debt will Chrysler have if it maintains a constant debt-equity ratio? Want answer

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Suppose Caterpillar, Inc., has 665 million shares outstanding with a share price of $74.77, and $25 billion in debt. If in three years, Caterpillar has 700 million shares outstanding trading for $83 per share, how much debt will Caterpillar have if it maintains a constant debt-equity ratio?