A firm has book assets of $20M and book liability of $15M . The average industry market

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A firm has book assets of $20M and book liability of $15M . The average industry market - to-book ratio of equity is 6.

The firm has 1M shares

What is your best estimate for the firm's stock price ?

Related Book For answer-question

Introduction To Probability And Statistics

ISBN: 9780495389538

13th Edition

Authors: William Mendenhall, Robert J. Beaver, Barbara M. Beaver

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Posted Date: Mar 06, 2023 12:13 AM

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A firm has book assets of $20M and book liability of $15M . The average industry market

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I Share price Asset Li... View the full answer

Introduction To Probability And Statistics

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