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Hayes Corporation Has $300 Million of Common Equity,with 6 Million

Question 84

Multiple Choice

Hayes Corporation has $300 million of common equity,with 6 million shares of common stock outstanding.If Hayes' Market Value Added (MVA) is $192 million,what is the company's stock price? (Round your final answer to two decimal places. )


A) $82.00
B) $101.68
C) $93.48
D) $99.22
E) $82.82

Correct Answer:

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