You are given the following information about BioWow Ethanol: common stockholders’ equity = $4 billion; price/earnings ratio = 3.5; common shares outstanding = 50 million; and price/book ratio = 2.0....

You are given the following information about BioWow Ethanol: common stockholders’
equity = $4 billion; price/earnings ratio = 3.5; common shares outstanding = 50 million;
and price/book ratio = 2.0. BioWow is in the 40% tax bracket. Calculate the price of a
share of BioWow stock.