You are given the following information: Stockholders equity = $3.75 billion, price/earnings ratio = 3.5, common shares

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You are given the following information: Stockholders’ equity = $3.75 billion, price/earnings ratio = 3.5, common shares outstanding = 50 million, and market/book ratio = 1.9. Calculate the price of a share of the company’s common stock.

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Fundamentals of Financial Management

ISBN: 978-0324664553

Concise 6th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Oct 05, 2011 09:47 AM

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You are given the following information: Stockholders equity = $3.75 billion, price/earnings ratio = 3.5, common shares

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Stockholders equity 3750000000 MB 19 P Total market value 375...View the full answer

Fundamentals of Financial Management

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