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Kaye's Kitchenware has a marketbook ratio equal to 1 . Its stock price is $ 1 3 per share and has 5 . 5 million

Kaye's Kitchenware has a marketbook ratio equal to 1. Its stock price is $13 per share and has 5.5 million shares outstanding. The firm's total capital is $140 and it finances with only debt and common equity. What is its debt-to-capital ratio? Round your answer to two decimal places.

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