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What is the market price of a share of stock for a firm with 100,000 shares outstanding, a book value of equity of $3,000,000, and
What is the market price of a share of stock for a firm with 100,000 shares outstanding, a book value of equity of $3,000,000, and a market/book ratio of 3.0? A. $8.57 B. $30.00 C. $90.00 D. $105.00
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