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A company has 47,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $568,700, and the par value per common share

A company has 47,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $568,700, and the par value per common share is $10. The book value per share is:

$0.08.

$56.87.

$12.10.

$2.10.

$10.00.

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