In 2013 Caterpillar Inc. had about 652 million shares outstanding. Their book value was $31 per share, and the market price was $85.50 per share. The companys balance sheet shows that the company had $21.7 billion of long-term debt, which was currently selling near par value. a. What was Caterpillars book debt-to-value ratio? (Enter your answer as a decimal rounded to 2 decimal places. Do not round intermediate calculations.) Book value b. What was its market debt-to-value ratio? (Enter your answer as a decimal rounded to 2 decimal places. Do not round intermediate calculations.) Market value c. Which measure should you use to calculate the companys cost of capital? Book value Market value