(Solved): The founder of Alchemy Products Incorporated discovered a way to turn gold into lead and patented t ...

The founder of Alchemy Products Incorporated discovered a way to turn gold into lead and patented this new technology. He then formed a corporation and invested \( \$ 1,400,000 \) in setting up a production plant. He believes that he could sell his patent for \( \$ 50 \) million. a. What is the book value of the firm? Note: Enter your answer in dollars not in millions. b. What is the market value of the firm? Note: Enter your answer in dollars not in millions. c. If there are 2 million shares of stock in the new corporation, what is the book value per share? Note: Round your answer to 2 decimal places. d. If there are 2 million shares of stock in the new corporation, what is the price per share? Note: Round your answer to 2 decimal places.