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The shareholder's equity of OPQ Corporation is given as below: Common shares $450,000 ($2.00 par value) Capital surplus 7,500,000 Accumulated 8,000,000 Retained Earnings Treasury
The shareholder's equity of OPQ Corporation is given as below: Common shares $450,000 ($2.00 par value) Capital surplus 7,500,000 Accumulated 8,000,000 Retained Earnings Treasury Stock 500,000 The market price of OPQ share is $180 and the total issued shares are 120,000. The firm also issued 10,000 corporate bonds and the bond current quote = 110 (Bond price is quoted as a percentage of the face value). If OPQ was to put their firm in place today the cost of the assets is estimated to be $9 million. Calculate the market-to-book value and Tobin's Q ratio. How well is OPQ being managed. Q1 (4 pts) What is the firm's book value per share Q2 (2pts) What is the firm's market-to-book ratio (M/B) Q3 (3 pts) The MV of the asset is Q4 (3pts) The firm's Tobin's Q is
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