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The founder of Alchemy Products Inc. discovered a way to turn gold into lead and patented this new technology. He then formed a corporation and
The founder of Alchemy Products Inc. discovered a way to turn gold into lead and patented this new technology. He then formed a corporation and invested $200,000 in setting up a production plant. He believes that he could sell his patent for $50 million. a. What is the book value of the firm? Book value b. What is the market value of the firm? Market value c. If there are two million shares of stock the new corporation, what would be the price per share? Price per share d. What would be the book value per share? Book value per share
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