Question
The book value of Fidel Castros Torture Chamber is $2.4 billion and it has 40 million shares. Investors value the stock at a market-to-book ratio
The book value of Fidel Castros Torture Chamber is $2.4 billion and it has 40 million shares. Investors value the stock at a market-to-book ratio of 1.75. Castros price-per-share is:
Group of answer choices
a) 40
b) 60
c) 75
d) 105
e) not enough information provided
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Financial Management Theory And Practice
Authors: Prasanna Chandra
9th Edition
9339222571, 978-9339222574
