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Assume a company's stockholder's equity section consists of the following: common stock $1,000,000; paid in capital $1,000,000; and retained earnings $1,000,000. Assume further that there

Assume a company's stockholder's equity section consists of the following: common stock $1,000,000; paid in capital $1,000,000; and retained earnings $1,000,000. Assume further that there are $1,000,000 shares of common stock outstanding and total assets are $10,000,000. The book value per share is:

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