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Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is 516 per share and it has 4.8 million shares outstanding. The firm's

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Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is 516 per share and it has 4.8 million shares outstanding. The firm's total capital is 5115 million 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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