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Baldwin's balance sheet has $87,872,000 in equity. Further, the company is expecting net income of 3,000,000 next year, and also expecting to issue $4,000,000 in

Baldwin's balance sheet has $87,872,000 in equity. Further, the company is expecting net income of 3,000,000 next year, and also expecting to issue $4,000,000 in new stock. If there are no dividends paid what will beBaldwin's book value? Select: 1

$94,872,000

$86,872,000

$44,190,000

$36,190,000

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