13-9 Common stock Example-No-name News Book value=$10 mil(equipment cost) Market value 2( 10(1+.10)20 =$1703mil Irwin/McGraw-Hill CThe McGraw-Hill Companies, Inc, 2001©The McGraw-Hill Companies, Inc.,2001 13- 9 Irwin/McGraw-Hill Common Stock Example - No-name News ( ) Book Value = $10 mil (equipment cost) Market Value = 2 - = $17.03 mil 1 .10 1 .10(1+.10) 20