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QUESTION 15 A company's Book Value is $100 million, with 2 million shares outstanding. Its market value is 20% above book value. 2 points each

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QUESTION 15 A company's Book Value is $100 million, with 2 million shares outstanding. Its market value is 20% above book value. 2 points each Suppose the company issues 100 thousand additional shares, which required a decline in price per share of 8%. Calculate: Q. New book value per-share Please show your calculation process to get partial credits. For the toolbar press ALT+F10 (PC) or ALTOFN+F 10 (Mac) BI V S Paragraph Arial 14px !!! A S

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