Paper Express Company has a balance sheet which lists $85 million in assets, $40 million in liabilities and $45 million in common shareholders' equity. It has 1,400,000 common shares outstanding. The replacement cost of the assets is $115 million. The market share price is $90.
-What is Paper Express's market value per share?
A)$1.68
B)$2.60
C)$32.14
D)$60.71
E)none of the above

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The Answer of Paper Express Company has a balance sheet which lists $85 million in assets, $40 million in liabilities and $45 million in common shareholders' equity. It has 1,400,000 common shares outstanding. The replacement cost of the assets is $115 million. The market share price is $90.
-What is Paper Express's market value per share?
A)$1.68
B)$2.60
C)$32.14
D)$60.71
E)none of the above

Paper Express Company Has a Balance Sheet Which Lists $85