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If common shares outstanding are 50,000,000 and book value per share is Rs 19.92 then total common equity will be
Answer & Solution
Correct Answer:
Option
A
Total Equity = Shares outstanding × Book value per share
= 50,000,000 × 19.92
= Rs. 996,000,000.00
= 50,000,000 × 19.92
= Rs. 996,000,000.00
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