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16. Gen Corp. has a total debt of $140 million and stockholder's equity of $50 million. It also has 25 million shares outstanding with a

16. Gen Corp. has a total debt of $140 million and stockholder's equity of $50 million. It also has 25 million shares outstanding with a market price of $3.50 per share. What is Gen Corp.'s market debt-to-equity ratio? a. 0.36 b. 0.63 c. 1.02 d. 1.60

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