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A firm has $820million in total assets, no prelerred stock, and total liabilities of $280 mition. There are 260 million shares of common stock outstanding.

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A firm has $820million in total assets, no prelerred stock, and total liabilities of $280 mition. There are 260 million shares of common stock outstanding. The stock is selling for $4.76 per share. What is the price-to-book-value ratio? The price-to-book-value ratio is (Round to two decirnal places.)

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