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Luther Corporation's Stock Price Is $39 Per Share and the Company

Question 94

Multiple Choice

Luther Corporation's stock price is $39 per share and the company has 20 million shares outstanding.Its book value Debt -Equity Ratio for 2009 is closest to:


A) 2.29
B) 0.31
C) 1.89
D) 0.37

Correct Answer:

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