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Wyatt Oil has assets with a market value of $848 million, $75 million of which are cash. It has a debt of $214 million, and

Wyatt Oil has assets with a market value of $848 million, $75 million of which are cash. It has a debt of $214 million, and 29 million shares outstanding. Assume perfect capital markets. If Wyatt Oil distributes the cash as a share repurchase, then its debttoequity ratio after the share repurchase will be equal to???

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