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A company has stockholders’ equity of $750 million on its balance sheet. The firm’s earnings per share is $3.00 per share. Its stock sells at a price earnings ratio of 12.25x. There are 50 million shares of stock outstanding. What is the stock price? What is the aggregate market value? What is the market/book value ratio? What is the book value per share? Show formulas and how to solve on excel.

Financial Management, Finance

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