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Question
You are given the following information: Stockholders' equity = $1,250; price/earnings ratio = 5; shares outstanding = 25; market/book ratio = 1.5. Calculate the market price of a share of the company's stock.
a. $33.33
b. $75.00
c. $10.00
d. $166.67
e. $133.32
Answer
This answer is hidden. It contains 166 characters.
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