Question: 1 ) Haskell Motors common equity on the balance sheet totals $ 7 0 0 million, and the company has 3 5 million shares of

1) Haskell Motors common equity on the balance sheet totals $700 million, and the company has 35 million shares of common stock outstanding. Haskell has significant growth opportunities. Its assets book value is $800 million, but its market value is estimated to be $910 million. Over time, Haskell has issued outstanding debt that has a book value of $100 million and a market value of $75 million. Which of the following statements is most correct?
a. Haskells book value per share is $20.
b. Haskells market value per share is probably less than $20.
c. Haskells market value per share is probably greater than $20.
d. Statements a and b are correct.
e. Statements a and c are correct.

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