(Solved): nep In 2020, Caterpillar Incorporated had about 540 million shares outstanding. Their book value wa ...

nep In 2020, Caterpillar Incorporated had about 540 million shares outstanding. Their book value was $50.0 per share, and the market price was $98.30 per share. The company's balance sheet shows that the company had $2.67 billion of long-term debt, which was currently selling near par value. a. What was Caterpillar's book debt-to-value ratio? Note: Do not round Intermediate calculations. Enter your answer as a decimal rounded to 2 decimal places. b. What was its market debt-to-value ratio? Note: Do not round intermediate calculations. Enter your answer as a decimal rounded to 2 decimal places. c. Which measure should you use to calculate the company's cost of capital? a. Book debt-to-value ratio b. Markeet debt-to-value ratio c. Measure