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Kiedis Corp. has interest bearing debt with a market value of $68.7 million. The company also has 2.5 million shares that sell for $26 per

Kiedis Corp. has interest bearing debt with a market value of $68.7 million. The company also has 2.5 million shares that sell for $26 per share. What is the debtequity ratio for this company based on market values?

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