Market value per share of the stock, Finance Basics

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Market value per share of the stock

Problem:

A company has total assets of $600,000 and total liabilities of $300,000. The firm has 30,000 shares of stock outstanding and a market-to-book ratio of 5.

Required:

Question: What is the market value per share of The stock?

Note: Please provide reasons to support your answer.

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Finance Basics: Market value per share of the stock

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Finance Basics: Market value per share of the stock

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