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You are given the following information: Stockhold...

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You are given the following information: Stockholders' equity = $3.25 billion, price/earnings ratio = 15.5, common shares outstanding = 46 million, and market/book ratio = 1.8. Calculate the price of a share of the company's common stock. Round your answer to the nearest cent.

 

Paper#5261 | Written in 18-Jul-2015

Price : $25
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