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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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