estions Click here to read the eBook: Market Value Ratios M/B AND SHARE PRICE Save Submit Test for Grading Question 9 of 15 You are given the following information: Stockholders' equity as reported on the firm's balance sheet $2.25 billion, price/earnings ratio - 8, common shares outstanding - 56 million, and market/book ratio 1.2. Calculate the price of a share of the company's common stock. Round your answer to the nearest cent. $