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1. Value Corp. recently reported earnings of $2 per share and each of their 50,000 shares is currently selling for $20. What is the firm's

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1. Value Corp. recently reported earnings of $2 per share and each of their 50,000 shares is currently selling for $20. What is the firm's market-to- book ratio if its book value of equity is $600,000. (Hint: Use 2 decimal points for your calculations.) A. 1.98. B. 2.26. C. 1.66. D. 2.77. E. None of the above

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