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Bartley Barstools has a market/book ratio equal to 2.9. Its stock price is $33 per...

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Finance

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Bartley Barstools has a market/book ratio equal to 2.9. Its stock price is $33 per share and it has 10 million shares outstanding. The firm's total capital is $495 million and it finances with only debt and common equity. What is its debt-to-capital ratio? 77.01% 22.99% 33.33% 335.00%

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