Question: You are given the following information: Stockholders equity = $ 1 , 2 0 0 , 0 0 0 Price / Earnings ratio = 3

You are given the following information:
Stockholders equity = $1,200,000
Price/Earnings ratio =3.20x
Common shares outstanding =600,000
Market/Book ratio =4.20x
Calculate the price of a share of the companys common stock.
Question 9 options:

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