Georgetown stock price is $80 per share

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January 13th, 2018

Georgetown stock price is $80 per share. Georgetown has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. It has 850 million shares of common stock outstanding. What is Georgetown market/book ratio? Round your answer to two decimal places. Do not round intermediate calculations.Please show Equation:

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