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Last Year, a corporation had a book value of equity of $333 million of USDs,...

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Finance

Last Year, a corporation had a book value of equity of $333 million of USDs, 4 million shares outstanding, and a market price of $53 per share. The corporation also had cash of $12 million of USDs, and total debt of $268 million USDs. What was the corporation's market debt-equity ratio?Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer; or if the answer is $500,000 write enter 500000 as

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