Olafanu owns shares in a stock where the market value of the firm is $500 million and

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Olafanu owns shares in a stock where the market value of the firm is $500 million and the number of shares outstanding is 90 000. What is value of the stock on a per share basis?

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Personal Finance

ISBN: 978-0134724713

4th Canadian edition

Authors: Jeff Madura, Hardeep Singh Gill

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