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4) What is the market price of a share of stock for a firm with 100,000 shares outstanding, a book value of equity of $3,000,000,

4) What is the market price of a share of stock for a firm with 100,000 shares outstanding, a book value of equity of $3,000,000, and a market-to-book ratio of 3? A) $90 B) $30 C) $10 D) $105

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