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What was enbridge book debt-equity ratio

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Problem 1: In 2019, Enbridge had a book value of equity of $32 billion, 3.4 billion shares? outstanding, and a market price of $31 per share. Enbridge also had cash of $112 billion, and total debt of $199 billion. What was Enbridge's book debt-equity ratio?

Reference no: EM132729655

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