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at year end, tangshan china company balance sheet shows total assets of 60 million, total liabilities (including preferred stock) of 45 million, and 1,000,000 shares

at year end, tangshan china company balance sheet shows total assets of 60 million, total liabilities (including preferred stock) of 45 million, and 1,000,000 shares of common stock outstanding. Based on this information, tangshan's book value per share of common stock is

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