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In March 2019, ABCDE (AB) had a book value of equity of $98 billion, 5.9 billion shares outstanding, and a market price of $60 per

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In March 2019, ABCDE (AB) had a book value of equity of $98 billion, 5.9 billion shares outstanding, and a market price of $60 per share. AB also had cash of $102 billion, and total debt of $113 billion. What was AB's market debt-equity ratio? (Provide the numeric answer to 2 decimal places.)

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