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ABC Corp. has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $4 billion in long-term debt, and $6 billion

ABC Corp. has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $4 billion in long-term debt, and $6 billion in common equity. It has 700 million shares of common stock outstanding, and its stock price is $25 per share. What is ABCs a market/book ratio?

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