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the firm has total assets of $400 million, total liabilities of $100 million and preferred equity of $25 million. The stock is trading at $10

the firm has total assets of $400 million, total liabilities of $100 million and preferred equity of $25 million. The stock is trading at $10 per share. If the company has 100 million shares outstanding, its price/book value ratio will be ?

please show me full workings with explanation

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