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A Stock Has 94 Million Shares Outstanding,with a Current Share

Question 111

Multiple Choice

A stock has 94 million shares outstanding,with a current share price of $3.53 per share.If the firm's book value of equity is $120 million,what is its market-to-book ratio?


A) 2.77
B) 0.38
C) 1.28
D) 0.78
E) 3.53

Correct Answer:

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