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(3-3) Market/Book Ratio Winston Watchs stock price is $75 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in

(3-3) Market/Book Ratio Winston Watchs stock price is $75 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. It has 800 million shares of common stock outstanding. What is Winstons market/book ratio?

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