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A company has 875 shares of $50 par value preferred stock outstanding, and the call...

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Accounting

A company has 875 shares of $50 par value preferred stock outstanding, and the call price of its preferred stock is $65 per share. It also has 15,000 shares of common stock outstanding, and the total value of its stockholders' equity is $566,875. The company's book value per common share equals:

Multiple Choice

$35.71.

$32.13.

$34.00.

$37.79.

$34.88.

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