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A company has 500,000 shares of stock outstanding at a price of $15 per share. The book value of equity totals $4.25 million. What is

A company has 500,000 shares of stock outstanding at a price of $15 per share. The book value of equity totals $4.25 million. What is the market-to-book value of equity? 1.73 1.76 1.95 0.57

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