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The asset to equity ratio for a firm is 1.5, and the firm has total assets of $3,000,000. Last year, net income for the firm

The asset to equity ratio for a firm is 1.5, and the firm has total assets of $3,000,000. Last year, net income for the firm was $250,000, and the earnings per share for the firm was reported as $0.50. What is the current book value per share for the firm?

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