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4-2 Debt To Capital Ratio: Bartley Barstools has a market/book ratio equal to 1. Its stock price is $14 per share and it has 5

4-2 Debt To Capital Ratio: Bartley Barstools has a market/book ratio equal to 1. Its stock price is $14 per share and it has 5 million shares outstanding. The firms total capital is $125 million and it finances with only debt and common equity. What is its debt-to-capital ratio?

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