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Bauer Software's currentbalance sheet shows total common equity of $5,125,000. The company has 490,000 shares of stock outstanding, and they sell at a price of $27.50 per share. By how much do the firm's market and book values per share differ?
i) $18.57
ii) $19.09
iii) $20.28
iv) $17.04
v) $18.23
Please show work and explain how to solve on a financial calculator.
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