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A firms market-to-book ratio of 1.75, its number of share outstanding is 2 million and stock price is $50. What is the book value of

A firms market-to-book ratio of 1.75, its number of share outstanding is 2 million and stock price is $50. What is the book value of this firm?

(A) $33.33 million (B) $57.14 million (C) $62.50 million (D) $66.67 million

Please explain the right choice

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