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| Book value per common share represents the amount of equity assigned to each outstanding share of common stock. Which one of the following statements about book value per common share is true? A. Market price per common share usually approximates book value per common share. B. Book value per common share can be misleading because it is based on historical cost. C. A market price per common share that is greater than book value per common share is an indication of an overvalued stock. D. Book value per common share is the amount that would be paid to shareholders if the company were sold to another company. |