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Over the years, Juarez Mining Corporation stockholders have provided $27,000,000 of capital when they purchased new issues of stock and allowed management to retain some
Over the years, Juarez Mining Corporation stockholders have provided $27,000,000 of capital when they purchased new issues of stock and allowed management to retain some of the firms earnings. The firm now has 2,000,000 shares of common stock outstanding, which sell at a price of $34.50 per share. How much value has Juarez Minings management added to their stockholders wealth over the years? A. $42,000,000 B. $24,000,000 C. $27,000,000 D. $69,000,000 E. $47,000,000
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