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NASCAR's financial statements showed sales of $820 million, net income of $425 million, total assets of $750 million, total liabilities (including preferred stock) of $735
NASCAR's financial statements showed sales of $820 million, net income of $425 million, total assets of $750 million, total liabilities (including preferred stock) of $735 million, and 1.20 million shares of common stock outstanding. NASCAR has been offered $742.50 million to sell its assets. Based on this information, calculate the companys book value per share and liquidation value per share of common stock, respectively.
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