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Book value per share

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A company has total assets of $148.50 million, current liabilities of $45 million, and long-term debt of $25.5 million, and $3.5 million of preferred stock outstanding. Each preferred stock pays annual dividend of $1.25. The company has 1.5 million shares of common stock outstanding. What is its book value per share?

Reference no: EM132079539

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