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Problem $4\mathrm{.}02($Debt to Capital Ratio$)$

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$$ Kaye's Kitchenware has a market$/$book ratio equal to $1.$ Its stock price is $$15$ per share and it has $5\mathrm{.}0$ million shares outstanding. The firm's total capital is $$140$ million and it finances with only debt and common equity. What is its debt$-$to$-$capital ratio? Round your answer to two decimal places.

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