1 pts Question 9 Kevin's CocoLocos has the following book value balance sheet: Security Book value 100 million Long-term Debt (3 year maturity-coupon rate is 5% and the bonds yield 8%) Common stock (20 million shares, par value is $2.5) 50 million Retained earnings 50 million The market price of each share of the firm is $10. What is the market debt-to-value ratio? (Hint: you will have to discount cash flows.) 0 28.46% O 31.57% 29.18% O 33.40%