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Business, 27.11.2019 23:31 ari20004

The founder of alchemy products, inc., discovered a way to turn lead into gold and patented this new technology. he then formed a corporation and invested $100,000 in setting up a production plant. he believes that he could sell his patent for $24 million.
a. what are the book value and market value of the firm?
b. if there are 1 million shares of stock in the new corporation, what would be the price per share and the book value per share?

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