Assume a book value per share of $10 and a price per share of $24. What is the market capitalization of a firm with 2,000,000 outstanding shares?

Name: Assume a book value per share of $10 and a price per share of $24. What is the market capitalization of a firm with 2,000,000 outstanding shares?
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Market capitalization is calculated as the price per share multiplied by the number of outstanding shares. Therefore, $24 per share * 2,000,000 shares = $48,000,000.

Assume a Book Value Per Share of $10 and a Price