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A company has 80,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $1,560,000 and the par value per common share

A company has 80,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $1,560,000 and the par value per common share is $10. The book value per share is:

$19.50 $1.95 $10.00 $0.05 $195.00 ?

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