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Yellow Duck Distribution Company is expected to generate $140,000,000 in net income over the next year

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Yellow Duck Distribution Company is expected to generate $140,000,000 in net income over the next year. Yellow Duck Distribution Company has forecasted a capital budget of $88,000,000, and it wishes to maintain its current capital structure of 70% debt and 30% equity.

a) 81.14%

b) 60.86%

c) 85.20%

d) 77.08%