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5. Problem 3.05 (MVA) eBook Harper Industries has 500 million of common equity on its balance sheet; its stock price is $32 per share; and

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5. Problem 3.05 (MVA) eBook Harper Industries has 500 million of common equity on its balance sheet; its stock price is $32 per share; and its market value added (MVA) is $160 million. How many common shares are currently outstanding? Write out your answer completely. For example, 5 million shares should be entered as 5,000,000. Round your answer to the nearest whole number, if necessary common shares

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