Question
You are given the following information: Stockholders' equity = $2 billion, price/earnings ratio = 12, common shares outstanding = 34 million, and market/book ratio =
You are given the following information: Stockholders' equity = $2 billion, price/earnings ratio = 12, common shares outstanding = 34 million, and market/book ratio = 2. Calculate the price of a share of the company's common stock. Round your answer to the nearest cent.
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Finance And Security Global Vulnerabilities Threats And Responses
Authors: Martin S. Navias
1st Edition
1787381366, 978-1787381360
