Refer to the balance sheet above. If in 2006 Luther has 10.2 million shares outstanding...

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Finance

Refer to the balance sheet above. If in 2006 Luther has 10.2 million shares outstanding and these shares are trading at $16 per share, then Luther's market-to-book ratio would be closest to:
A.2.58
B.0.65
C.1.29
D.1.81
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