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QUESTION 6 Raleigh Racers has $14 billion in total assets. Its balance sheet shows $2 billion in current liabilities, $5 billion in long-term debt, and

QUESTION 6 Raleigh Racers has $14 billion in total assets. Its balance sheet shows $2 billion in current liabilities, $5 billion in long-term debt, and $7 billion in common equity. It has 750 million shares of common stock outstanding, and its stock price is $29 per share. What is Raleigh's market-to-book ratio? a. 1.00 b.2.07 O c. 1.55 O d.3.11 O e.4.14 1 points Save

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