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Torino Company has an income of $200,000, earnings per share of $2.00, common equity of $2,000,000, and the market to book ratio of 0.20. Given
Torino Company has an income of $200,000, earnings per share of $2.00, common equity of $2,000,000, and the market to book ratio of 0.20. Given this information, what is the market price per share of Torino Company?
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