Calculate the Market Price of a share of a company's stock.
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30. Given the following info. Stockholders' equity = $1250.00; price/earning rate = 5; shares oustanding = 25; market/book ration =1.5. The market price of a share of the company's stock is
33.33
75.00
10.00
166.67
133.32
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The solution shows the calculations to arrive at the answer to the problem about stock price.
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