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Kiedis Corp. has interest bearing debt with a market value of $73.5 million. The company also has 1.7 million shares that sell for $36 per

Kiedis Corp. has interest bearing debt with a market value of $73.5 million. The company also has 1.7 million shares that sell for $36 per share. What is the debtequity ratio for this company based on market values? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) Debtequity ratio

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