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Edelman Engines has $16 billion in total assets — of which cash and equivalents total $90 million. Its balance

sheet shows $2.4 billion in current liabilities — of which the notes payable balance totals $0.91 billion. The firm also has $8 billion in long-term debt and $5.6 billion in common equity. It has 400 million shares of common stock outstanding, and its stock price is $26 per share. The firm's EBITDA totals $1.456 billion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations.



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