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Question 58 1 pts Hoagland Corps stock price at the end of last year was $48.50, and its book value per share was $25.00. What was its market/book ratio? 2.17 O 1.94 O 1.63 O 1.55 O 1.80 Previous Next 20 1 FS F8 AB 5 8
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Answer #1

Market/book ratio is equal to=market value/book value

=(48.5/25)

which is equal to

=1.94

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