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Raphael Corporations common stock is currently selling on a stock exchange at $162 per share,...

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Accounting

Raphael Corporations common stock is currently selling on a stock exchange at $162 per share, and its current balance sheet shows the following stockholders equity section:
Preferred stock5% cumulative, $___ par value, 1,000 shares
authorized, issued, and outstanding $ 55,000
Common stock$___ par value, 4,000 shares authorized, issued,
and outstanding 80,000
Retained earnings 380,000
Total stockholders' equity $ 515,000
Required:
1. What is the current market value (price) of this corporations common stock?

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