Hoagland Corp's Stock Price at the End of Last Year

question 5

Multiple Choice

Hoagland Corp's stock price at the end of last year was $33.50,and its book value per share was $25.00.What was its market/book ratio?

• A)1.34
• B)1.41
• C)1.48
• D)1.55
• E)1.63

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Definitions:

Capital Gain

The profit earned from the sale of an asset or investment when it sells for more than its purchase price.

Geometric Average Return

A method of calculating the average rate of return on an investment over time that accounts for compounding.

Returns

The profit or loss derived from investing or saving, often expressed as a percentage of the initial investment.

Canadian Common Stocks

Shares representing equity ownership in corporations based in Canada, entitling holders to vote on corporate matters and receive dividends.