P7.3 BOOKV has $750 000 000 in total assets, no preference shares and total liabilities of $300

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P7.3 BOOKV has $750 000 000 in total assets, no preference shares and total liabilities of

$300 000 000. There are 300 000 000 shares outstanding. The share is selling for $5.25. What is the price-to-book-value ratio?

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Related Book For  book-img-for-question

Fundamentals Of Investing

ISBN: 9781442532885

3rd Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright

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