a firm has book asset of 20 M and book liability of 15 M. The average industry to book ratio of equity is 6. Firm has 1

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answerhappygod
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a firm has book asset of 20 M and book liability of 15 M. The average industry to book ratio of equity is 6. Firm has 1

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a firm has book asset of 20 M and book liability of 15 M. The
average industry to book ratio of equity is 6. Firm has 1 M shares.
What is best estimate for firms stock price?
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