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What is the firm book value per share

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Question - The firm has total assets of $2,500,000, total liabilities of $1,500,000, preferred stock obligation of $75,000, and 100,000 shares of common stock outstanding. What is the firm's book value (or net worth) per share?

a. $10

b. $24.25

c. $9.25

d. $6.50

Reference no: EM133099496

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