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Assume there is a company X whose publicly traded stock price is $20, and it has 100,000 outstanding equity shares. The book value of the

Assume there is a company X whose publicly traded stock price is $20, and it has 100,000 outstanding equity shares. The book value of the company is $1,500,000. Calculate market to book value [Hint: the numerator is stock price*outstanding equity shares].

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