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Jesters - R - Us , Inc. is a publicly traded company that has assets on its balance sheet of $ 1 2 5 million

Jesters-R-Us, Inc. is a publicly traded company that has assets on its balance sheet of $125 million and liabilities of $75 million. The firm also has 4 million common shares that are currently trading for $21 per share. Estimate the firms market-to-book ratio.

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