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Home Corporation has interest - bearing debt with a market value of $ 7 3 . 5 million. The company also has 1 . 7

Home Corporation has interest-bearing debt with a market value of $73.5 million. The company also has 1.7 million shares that sell for $36 per share. What is the debt-equity ratio for this company based on market values?
(Do not round intermediate calculations and round your answer to 3 decimal places, e.g.,32.161.)

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