The company share price in the stock market is 42 the, Financial Management

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The company share price in the stock market is 42 the

The company share price in the stock market is $42. The equity book value per share according to the balance sheet is $56. There are 540 million shares outstanding. What is the company’s equity price to book ratio?

a. 0.0018

b. 0.84

c. 0.67

d. 0.75

e. 0.0013

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