A company has 575 shares of $50 par value preferred stock outstanding, and the call...
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Accounting
A company has 575 shares of $50 par value preferred stock outstanding, and the call price of its preferred stock is $63 per share. It also has 23,000 shares of common stock outstanding, and the total value of its stockholders' equity is $790,625. The company's book value per common share equals:
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