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The CEO manufactured another option of getting the HC Firm and maximizing the credit card debt about the Pacific Grove’s equilibrium sheet. The debt and equity levels of Pacific Grove and HC Corporation are combined, out of which the utmost credit card debt stage is calculated by including the 50% of the entire fairness on each of the corporate’s harmony sheets. The utmost personal debt level is calculated as $24. 584 million around (See Appendix 7).
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