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Hwang, Inc., has ending total assets of $11m and total debts of $6m. Assume that the company has 200,000 shares of common stock outstanding and
Hwang, Inc., has ending total assets of $11m and total debts of $6m. Assume that the company has 200,000 shares of common stock outstanding and the stock currently sells for $70 per share. What is the market-to-book ratio?
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