Calculate price of share of the company-s common stock


Stockholders' equity = 4.75 billion, price/earnings ratio = 18.5, common shares outstanding = 30 million, and market/book ratio = 2:1. Calculate the price of a share of the company's common stock. Round to 2 decimal places. What equation would be used for this?

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Finance Basics: Calculate price of share of the company-s common stock
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