Question: Problem 4-17 Leverage Ratios (L03) A firm has a debt-to-equity ratio of 0.51 and a market-to-book ratio of 3.0. What is the ratio of the

Problem 4-17 Leverage Ratios (L03) A firm has a debt-to-equity ratio

Problem 4-17 Leverage Ratios (L03) A firm has a debt-to-equity ratio of 0.51 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? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Book debt-to-market equity ratio

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