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1 ) Haskell Motors common equity on the balance sheet totals $ 7 0 0 million, and the company has 3 5 million shares of
Haskell Motors common equity on the balance sheet totals $ million, and the company has million shares of common stock outstanding. Haskell has significant growth opportunities. Its assets book value is $ million, but its market value is estimated to be $ million. Over time, Haskell has issued outstanding debt that has a book value of $ million and a market value of $ million. Which of the following statements is most correct?
a Haskells book value per share is $
b Haskells market value per share is probably less than $
c Haskells market value per share is probably greater than $
d Statements a and b are correct.
e Statements a and c are correct.
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