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McKay Enterprises generated a MVA (market value added) of $3,450,000 as at 09/29/2021. Its book value of common equity was $1,200,000 on 09/29/2021. If McKay
McKay Enterprises generated a MVA (market value added) of $3,450,000 as at 09/29/2021. Its book value of common equity was $1,200,000 on 09/29/2021. If McKay Enterprises had a total of 900,000 common shares outstanding, what was the market price of one of its common shares on 09/29/2021? a) $3.83 b) $5.17 c) $1.33 d) $2.50
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