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Calculate the market to book value for the two years presented. Use the following prices and the shares outstanding stated on the financial statements to
- Calculate the market to book value for the two years presented. Use the following prices and the shares outstanding stated on the financial statements to calculate market value: stock price at February 29, 2020 was $10.81 per share and stock price at March 2, 2019 was $16.69 per share. Comment on why these numbers are different from 1.00.
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