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Kaye's Kithenware has a market / book ratio equal to 1 . It's stock price is $ 1 5 per share and it has 4

Kaye's Kithenware has a market/book ratio equal to 1. It's stock price is $15 per share and it has 4.8 million shares outstanding. The firm's total capital is $135 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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