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Question 5 (3.33 points) Janice is given the following information. Stockholder's equity as reported on the firm's balance sheet = $525,000,000, Price/Earnings ratio = 4,

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Question 5 (3.33 points) Janice is given the following information. Stockholder's equity as reported on the firm's balance sheet = $525,000,000, Price/Earnings ratio = 4, common shares outstanding = 500,000,000, and market/book ratio = 10. Calculate the price of a share of the company's stock. $2.63 $4.20 $5.25 $10.50

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