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A company has a book value of $4 billion, a market cap of $10 billion, its dividend payout percentage is 2.80% and its operating profit
A company has a book value of $4 billion, a market cap of $10 billion, its dividend payout percentage is 2.80% and its operating profit is 24.6%. What amount does this equate to using the Buffett formula?
A. 2.5
B. 11
C. 27
D. 69
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