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In the year 2010, the average firm in the S&P 500 Index had a total market value of five times stockholders equity (book value). Assume

In the year 2010, the average firm in the S&P 500 Index had a total market value of five times stockholders equity (book value). Assume a firm had total assets of $10 million, total debt of $6 million, and net income of $600,000. Does this appear to be an adequate return on the actual market value of the firm?

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