Problem 11-5A Computation of book values and dividend allocations LO C2, A4 [The following information applies to the questions displayed below.] Raphael Corporation's common stock is currently selling on a stock exchange at $173 per share, and its current balance sheet shows the following stockholders' equity section. Preferred stock-5% cumulative, $ par value, 1,000 shares authorized, issued, and outstanding Common stock-par value, 4,000 shares authorized, issued, $ 60,000 and outstanding Retained earnings Total stockholders' equity 120,000 310,000 $ 490,000 Problem 11-5A Part 1 Required: 1. What is the current market value (price) of this corporation's common stock? arket price iper share