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A public company has a book value of $ 1 2 8 million. They have 2 0 million shares outstanding, with a market price of
A public company has a book value of $ million. They have million shares outstanding, with a market price of per share. Which of the following statements is true regarding this company?Select one: A The firm's market value is more than its book value. B Investors believe the company's assets are not likely to be profitable since its market value is worth less than its book value. C The value of the firm's assets is greater than their liquidation value D Investors may consider this firm to be a growth company.
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