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12 <br /> Debt Metrics <br /> • Ten Year Payout Ratio <br /> — Measures the proportion of total outstanding principal will be paid off in the next ten (10) years <br /> — Prevents backloading principal payments <br /> — Positive adjustment if 10 year payout ratio is 65% or more <br /> — Current ratio is 67.1% <br /> ORANGE COUNTY <br /> 6 T'.TC)RT H CARC}LINA <br />