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A firm has a debt - to - equity ratio of 0 . 6 2 and a market - to - book ratio of 2

A firm has a debt-to-equity ratio of 0.62 and a market-to-book ratio of 2.0. What is the ratio of the book value of debt to the market
value of equity?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
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