In 2015, Caterpillar Inc. had about 758 million shares outstanding. Their book value was $40.0 per share, and the market price was $94.00 per share. The company's balance sheet shows that the company had $33.50 billion of long-term debt, which was currently selling near par value.

a.What was Caterpillar's book debt-to-value ratio?(Do not round intermediate calculations. Enter your answer as a decimal rounded to 2 decimal places.)

b.What was its market debt-to-value ratio?(Do not round intermediate calculations. Enter your answer as a decimal rounded to 2 decimal places.)