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HBM, Incorporated has 1,000 shareholders who own a total of two million shares of its common stock. The company earned $20 million after taxes and

HBM, Incorporated has 1,000 shareholders who own a total of two million shares of its common stock. The company earned $20 million after taxes and paid out $8 million in dividends. The company has assets of $250 million and liabilities of $50 million. What is the book value per share? Multiple Choice $20 $8 $2 $250 $100

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