value: A firm has current assets that could be sold for their book value of $44 million. The book value of ts fixed assets is S82 million, but they could be sold for $112 million today. The firm has total debt with a book value of $62 million, but interest rate declines have caused the market value of the debt to increase to $72 million. What is the ratio of the market value of equity to its book value? (Round your answer to 2 I places.) References eBook & Resources Worksheet to estimate firm 19