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20. A firms share is currently trading at 36.0. The firm had authorized share 120 but had only issued 100. At yearend, the equity amounted
20. A firms share is currently trading at 36.0. The firm had authorized share 120 but had only issued 100. At yearend, the equity amounted to 360 after having bought back 20 shares. What was its market to book ratio?
A) 9.00
B) 6.00
C) 5.00
D) 8.00
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The Essential Nonprofit Fundraising Handbook
Authors: Michael A. Sand, Linda Lysakowski
1st Edition
1601630727, 978-1601630728
