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A company has 1,000 shares of $50 par value preferred stock outstanding, and the call price of its preferred stock is $65 per share. It
A company has 1,000 shares of $50 par value preferred stock outstanding, and the call price of its preferred stock is $65 per share. It also has 10,000 shares of common stock outstanding, and the total value of its stockholders' equity is $410,000. The company's book value per common share equals: $36.00. $31.36. $34.50. $37.27. $41.00
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