P7.3 BOOKV has $750,000,000 in total assets, no preferred stock, and total liabilities of $300,000,000. There are

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P7.3 BOOKV has $750,000,000 in total assets, no preferred stock, and total liabilities of $300,000,000. There are 300,000,000 shares of common stock outstanding. The stock is selling for $5.25 per share. What is the price-to-book ratio?

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Fundamentals Of Investing

ISBN: 9780136117049

11th Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott B. Smart, Scott J. Smart

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