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Zahrin company balance sheet shows its debt is at RM200 million with equity of RM30 million. Its current stock price is trading at RM4 and
Zahrin company balance sheet shows its debt is at RM200 million with equity of RM30 million. Its current stock price is trading at RM4 and it has 20 million outstanding shares. Its debt is mostly bank loans which are non-transactional debt. What is Zahrin debt over market equity ratio?
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