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Use the following information to answer Questions a &b
RST Enterprises has identified Group 1 projects requiring Capital in the amount of $115 Million in the coming year. Invested Capital at the beginning of the year is $750 Million and ROIC = 12%. The firm's target Debt Ratio is 55%.
a. Assuming RST fully funds its business plan, what is Net New Financing Provided (NNFP)?
Group of answer choices
b. Assuming again that the firm fully funds its business plan, its financial planning for the coming year should certainly include the issuance of _________ in _________.
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