Question
A firm has $660 million in total assets, no preferred stock, and total liabilities of $210 million. There are 290 million shares of common stock
A firm has $660 million in total assets, no preferred stock, and total liabilities of $210 million. There are 290 million shares of common stock outstanding. The stock is selling for
$4.98 per share.
What is the price-to-book-value ratio?
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Financial Informatics An Information Based Approach To Asset Pricing
Authors: Dorje C Brody, Lane Palmer Hughston, Andrea Macrina
1st Edition
9811246483, 978-9811246487
