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The stock of BFD Inc is selling for $5. Its assets have a book value of $12 and it has liabilities of $5 (both per
The stock of BFD Inc is selling for $5. Its assets have a book value of $12 and it has liabilities of $5 (both per share). What is BFD's market to book ratio? Show how you could breakup this company and make a profit? What important assumption underlies this potential profit?
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