The founder of Alchemy Products Incorporated discovered a way to turn gold into lead and patented this new technology. He then formed a corporation and invested $600,000 in setting up a production plant. He believes that he could sell his patent for $75 million.

1. What is the book value of the firm?

Note: Enter your answer in dollars not in millions.

1. What is the market value of the firm?

Note: Enter your answer in dollars not in millions.

1. If there are 2 million shares of stock in the new corporation, what is the book value per share?

Note: Round your answer to 2 decimal places.

1. If there are 2 million shares of stock in the new corporation, what is the price per share?

Note: Round your answer to 2 decimal places.