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Click here to read the eBook: Market Value Ratios M/B AND SHARE PRICE You are given the following information: Stockholders' equity as reported on the

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Click here to read the eBook: Market Value Ratios M/B AND SHARE PRICE You are given the following information: Stockholders' equity as reported on the firm's balance sheet = $2.5 billion, price/earnings ratio = 14, common shares outstanding = 28 million, and market/book ratio = 2.8. Calculate the price of a share of the company's common stock. Round your answer to the nearest cent

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