Question: Please show all working and formulas used, thanks! 4. What is the current price of a share for a firm with $25 million in balance

Please show all working and formulas used, thanks! 4. What is

Please show all working and formulas used, thanks!

4. What is the current price of a share for a firm with $25 million in balance sheet equity, 2,500,000 shares outstanding, and a price/book value ratio of 2? (2 marks)

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