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You are given the following information:Stockholders' equity = $ 5 0 0 , 0 0 0 Price / Earnings ratio = 2 . 5 0

You are given the following information:Stockholders' equity = $500,000Price/Earnings ratio =2.50xCommon shares outstanding =250,000Market/Book ratio =3.50xCalculate the price of a share of the company's common stock.

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