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Phone Corp. current stock price is $84. There are 205 million shares outstanding and the book value of equity is $9.724 billion. What is Phone

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Phone Corp. current stock price is $84. There are 205 million shares outstanding and the book value of equity is $9.724 billion. What is Phone Corp's market-to-book ratio? (Hint: Use 2 decimal points for your calculations.) A. 2.12. B. 1.77. C. 2.57 D. 3.64. E. None of the above

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