Question: Problem 4 - 1 7 Leverage Ratios ( LO 3 ) 1 0 points A firm has a debt - to - equity ratio of

Problem 4-17 Leverage Ratios (LO3)
10
points
A firm has a debt-to-equity ratio of 0.84 and a market-to-book ratio of 3.0. What is the ratio of the book value of debt to the market value of equity?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
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Book debt-to-market equity ratio
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Problem 4-17 Leverage Ratios (LO3) 10 points A firm has a

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