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Business, 04.01.2021 20:00 taemarie1

A company has 500 shares of $50 par value preferred stock outstanding, and the call price of its preferred stock is $60 per share. It also has 20,000 shares of common stock outstanding, and the total value of its stockholders' equity is $680,000.The company's book value per common share equals:. A. $31.71.
B. $32.50.
C. $32.75.
D. $33.17.
E. $60.00

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A company has 500 shares of $50 par value preferred stock outstanding, and the call price of its pre...
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