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Problem - Capital Structure Karsan Otomativ had 658 million shares outstanding with a book value of $33.0 per share in 2020. The market price of

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Problem - Capital Structure Karsan Otomativ had 658 million shares outstanding with a book value of $33.0 per share in 2020. The market price of a share was $159.80. Karsan Otomativ had a long term debt of $14.80 that was selling at par. a. Calculate Karsan Otomativ's book debt-to-value (D/V) ratio. (Intermediate calculations should not be rounded. Enter your answer as a decimal rounded to 2 decimal places.) b. Calculate Karsan Otomativ's market debt-to-value (D/V) ratio. (Intermediate calculations should not be rounded. Enter your answer as a decimal rounded to 2 decimal places.) c. Which of the above is an appropriate measure to use when determining a company's cost of capital? a. Book debt-to-value ratio b. Markeet debt-to-value ratio C. Measure

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