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You own 100 shares in a company called Invest Co. Inc. You have determined from the balance sheet that the firm has equipment worth $900,000,

You own 100 shares in a company called Invest Co. Inc. You have determined from the balance sheet that the firm has equipment worth $900,000, $100,000 cash, and 100,000 shares outstanding.

Calculate the price/value of each share in the firm, and explain how your wealth is affected. Ignore tax effects.

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