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ABC Corp. has $11 billion in total assets. Its balance sheet shows S1 billion in current liabilities, 54 billion in long-term debt, and $6 billion

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ABC Corp. has $11 billion in total assets. Its balance sheet shows S1 billion in current liabilities, 54 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 ABC's market/book ratio? Attach File Browse My Computer Browse Content Collection

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