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A stock has 94 million shares outstanding, with a current share price of $3.53 per share. If the firm's book value of equity is $120

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A stock has 94 million shares outstanding, with a current share price of $3.53 per share. If the firm's book value of equity is $120 million, what is its market-to-book ratio? 1) 2.77 2) 0.38 3) 1.28 04) 0.78

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