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Cullumber Corporation has 4.397 million shares outstanding at a price per share of $3.72. If the debt-to-equity ratio is 1.15 and total book value of
Cullumber Corporation has 4.397 million shares outstanding at a price per share of $3.72. If the debt-to-equity ratio is 1.15 and total book value of debt equals $12,463,000, what is the market-to-book ratio for Cullumber Corporation? (Round answer to 2 decimal places, eg. 12.25.) Market-to-book ratio
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Options Futures And Other Derivatives
Authors: John C. Hull
9th Edition
0133456315, 9780133456318
