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Black Dahlia Corp.'s stock price at the end of last year was $42.34. Black Dahlia Corp.'s total common equity is $105.50 million. The company has

Black Dahlia Corp.'s stock price at the end of last year was $42.34. Black Dahlia Corp.'s total common equity is $105.50 million. The company has 6.69 million shares outstanding. What is the firm's market-to-book ratio?

Round the answer to two decimal places.

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