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Business, 27.11.2019 19:31 DisneyGirl11

Afirm has current assets that could be sold for their book value of $28 million. the book value of its fixed assets is $66 million, but they could be sold for $96 million today. the firm has total debt with a book value of $46 million, but interest rate declines have caused the market value of the debt to increase to $56 million. what is the ratio of the market value of equity to its book value? what is this firm's market-to-book ratio? (round your answer to 2 decimal places.)

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Afirm has current assets that could be sold for their book value of $28 million. the book value of i...
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