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Evelyn is given the following information. Stockholder's equity as reported on the firm's balance sheet =$525,000,000, Price/Earnings ratio =4, common shares outstanding =500,000,000, and market

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Evelyn is given the following information. Stockholder's equity as reported on the firm's balance sheet =$525,000,000, Price/Earnings ratio =4, common shares outstanding =500,000,000, and market / book ratio =10. Calculate the price of a share of the company's stock. $4.20 $10.50 $2.63 $5.25

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