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The Book Value Per Share of Topaz General Ltd

Question 48

Multiple Choice

The book value per share of Topaz General Ltd. is $10 per share and the company has a total of 4 million shares. Calculate the total book value of common equity of the company. 


A) $4 million
B) $10 million
C) $400 million
D) $40 million
E) $100 million

Correct Answer:

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