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Summer Corp. recently reported earnings of $2 per share and each of its 50,000 shares is currently selling for $20. The firm's book equity is

Summer Corp. recently reported earnings of $2 per share and each of its 50,000 shares is currently selling for $20. The firm's book equity is $500,000. What will be the firm's market to book ratio?

A

1,67

B

2,00

C

1,25

D

1,77

E

2,25

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