The replacement cost of the assets is 99 million the market


A Company has a balance sheet which lists $87 million in assets, $55 million in liabilities, and $32 million in common shareholders' equity. It has 1,000,000 common shares outstanding. The replacement cost of the assets is $99 million. The market share price is $49. What is company's book value per share?

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Financial Management: The replacement cost of the assets is 99 million the market
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