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Question 5 (1 point) Calculate the market to book ratio of a firm with a current share price of $31.30, a book value of equity

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Question 5 (1 point) Calculate the market to book ratio of a firm with a current share price of $31.30, a book value of equity of $2,000,000,000, and 96,000,000 shares outstanding. Watch your units (billion, millions). Round your answer to four decimal places; example 1.1234 Your Answer: Answer Question 6 (1 point) A firm with a high quick ratio likely has enough current assets to satisfy its short- term obligations. True False Next Page Page 2 of 3

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