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Assume a Book Value Per Share of $5 and a Price

Question 38

Multiple Choice

Assume a book value per share of $5 and a price per share of $12. What is the market value added of a firm with 2,000,000 outstanding shares?


A) $1,000,000
B) $10,000,000
C) $14,000,000
D) $24,000,000

Correct Answer:

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