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35. Book versus market value. Suppose that the market value (in thousands of dollars) of Fincorp's fixed assets in 2014 is $6,000 and that the

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35. Book versus market value. Suppose that the market value (in thousands of dollars) of Fincorp's fixed assets in 2014 is $6,000

and that the value of its long-term debt is only $2,200. In addition, the consensus among investors is that Fincorp's past investments

in developing the skills of its employees are worth $2,900. The investment of course does not show up on the balance sheet.

What will be the price per share of Fincorp stock?

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