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8)The common stock of The Burger Hut is selling for $18.27 a share. The company has earnings per share of $0.73 and a book value

8)The common stock of The Burger Hut is selling for $18.27 a share. The company has earnings per share of $0.73 and a book value per share of $5.03. What is the market-to-book ratio?Round your answer to the nearest hundredth.

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