Required: A firm has curtent assets that could be sold for their book value of $36 million. The book value of its fued assets is $75 mallion, but they could be sold for $105 million today. The firm has total debt with a book value of $55 million, but interest pate declines have caused the market value of the debt to hicrease to $65 million. What is this firm's market to book ratio? (Round your answer to 2 decimal places.)