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kayes kitchenware has a market/book ratio equal to 1. its stock price is $12 per share and its has 5.0 million shares outstanding. the firms

kayes kitchenware has a market/book ratio equal to 1. its stock price is $12 per share and its has 5.0 million shares outstanding. the firms total capital is $140 million and it finances with only debt and common equity. what is its debt-to-capital ratio? round your answer to two decimal places. Answer has a percentage.

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