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Karsan Otomativ had 730 million shares outstanding with a book value of $30.0 per share in 2020. The market price of a share was $87.00.

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Karsan Otomativ had 730 million shares outstanding with a book value of $30.0 per share in 2020. The market price of a share was $87.00. Karsan Otomativ had a long term debt of $30.50 that was selling at par. a. Calculate Karsan Otomativ's book debt-to-value (D/V) ratio. (Intermediate calculations should not be rounded. Enter your answer as a decimal rounded to 2 decimal places.) b. Calculate Karsan Otomativ's market debt-to-value (D/V) ratio. (Intermediate calculations should not be rounded. Enter your answer as a decimal rounded to 2 decimal places.) c. Which of the above is an appropriate measure to use when determining a company's cost of capital? a. Book debt-to-value ratio b. Markeet debt-to-value ratio c. Measure

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