Question
A company has total assets of $500,000 and total liabilities of $300,000. The firm has 20,000 shares of stock outstanding and a market-to-book ratio of
A company has total assets of $500,000 and total liabilities of $300,000. The firm has 20,000 shares of stock outstanding and a market-to-book ratio of 1. What is the market value per share of The stock?______
| $10 | ||
| $30 | ||
| $50 | ||
| $60 |
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Financial Markets And Institutions
Authors: Stanley Eakins Frederic Mishkin
9th Global Edition
1292215003, 978-1292215006
