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Company A, Inc. has a total asset of $60,000 million. Its total liability is $48,000 million. The price of the stock is $416 per share

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Company A, Inc. has a total asset of $60,000 million. Its total liability is $48,000 million. The price of the stock is $416 per share and the stock has 50 million shares outstanding. What is Company A's market-to-book ratio? (Round to 2 decimal places)

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