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Business, 27.07.2019 02:00 blueval3tine

Afirm has current assets that could be sold for their book value of $30 million. the book value of its fixed assets is $68 million, but they could be sold for $98 million today. the firm has total debt with a book value of $48 million, but interest rate declines have caused the market value of the debt to increase to $58 million. what is the ratio of the market value of equity to its book value

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