Last year a corporation had a book value of equity of 350


Last Year, a corporation had a book value of equity of $350 million of USDs, 1 million shares outstanding, and a market price of $40 per share. The corporation also had cash of $3 million of USDs, and total debt of $360 million USDs.

What was the corporation's market capitalization, in million USDs? What was the corporation's market-to-book ratio? What was the corporation's book debt-equity ratio?

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Financial Management: Last year a corporation had a book value of equity of 350
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