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A firm has $ 8 1 0 million in total assets, no preferred stock, and total liabilities of $ 2 9 0 million. There are

A firm has $810 million in total assets, no preferred stock, and total liabilities of $290 million. There are 320 million shares of common stock outstanding. The stock is selling for $4.44 per share. What is the price-to-book-value ratio?
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Part 1
The price-to-book-value ratio is
enter your response here. (Round to two decimal places.)

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