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Trying to find paper on Debt to Asset Ratio
Trying to find paper on Debt to Asset Ratio I'm looking for a specific academic paper that discusses the optimal debt-to-asset ratio over a person’s life cycle. The study suggested that having a high debt-to-asset ratio early in life is optimal and this ratio should gradually decrease as one approaches retirement. It mentioned starting with a debt ratio of around 2 and dropping towards 1 ...
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