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XYZ Inc., a Nasdaq-listed company, is currently trading at $11.25 per share. The firm had a book value of assets of $110 million and a

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XYZ Inc., a Nasdaq-listed company, is currently trading at $11.25 per share. The firm had a book value of assets of $110 million and a book value of liabilities of $65 million at the end of 2019. Based on the recent filing with the exchange and the SEC, the company has 4 million shares outstanding. As an analyst, determine the Book-to- Market ratio for XYZ. What if currently trading at $ 10 per share. What if per share price exceeds from $11.25 to $ 20. Assume everything is constant interpret how the ratio influences investment decisions

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