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If Chu Corporation has total shareholders' equity of $1,500 000, preferred share-holders' equity of $500 000, $50 000 of preferred dividends in arrears, $50 000
If Chu Corporation has total shareholders' equity of $1,500 000, preferred share-holders' equity of $500 000, $50 000 of preferred dividends in arrears, $50 000 of current preferred dividends, and 90 000 common shares, what is the book value per common share?
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