Question
Wynn Duffy's Recreational Vehicles, a Harlan County RV dealership, has a Tobin's Q of 2.50. The replacement cost of the firm's assets is $212275 and
Wynn Duffy's Recreational Vehicles, a Harlan County RV dealership, has a Tobin's Q of 2.50. The replacement cost of the firm's assets is $212275 and the market value of the firm's debt is $103936. The firm has 15,000 shares of stock outstanding and a book value per share of $2.20. What is their market to book ratio?
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Structured Finance Leveraged Buyouts Project Finance Asset Finance And Securitization
Authors: Charles-Henri Larreur
1st Edition
1119371104, 978-1119371106
