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Wiggins company has 2400 shares of 100 par preferred stock, which were issued at par. It also has 21,000 shares of common stock outstanding, and

Wiggins company has 2400 shares of 100 par preferred stock, which were issued at par. It also has 21,000 shares of common stock outstanding, and its total stockholders; equity equals $605,400. The book value per common share is:

A. 28.83

B. 17.40

C.100.00

D. 15.62

E. 25.87

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