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Nova Components is a manufacturer of computer parts. The company has a book value of $2,417,762. In addition the company has 402,500 common shares issued

Nova Components is a manufacturer of computer parts. The company has a book value of $2,417,762. In addition the company has 402,500 common shares issued and outstanding. Nova Components is part of the computing industry which has an industry PB ratio of 6.10.

Using industry information, estimate the intrinsic value of Nova Components' equity per share?

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