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Edelman Engines has $9 billion total assets. Its balance sheet shows $0.45 billion in current liabilities, $5.4 billion in long-term debt, and $3.15 billion in
Edelman Engines has $9 billion total assets. Its balance sheet shows $0.45 billion in current liabilities, $5.4 billion in long-term debt, and $3.15 billion in common equity. It has 500 million shares of common stock outstanding, and its stock price is $25 per share. What is Edelmans market/book ratio
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