Given a Book Value Per Share of $10 and a Market

question 17

Multiple Choice

Given a book value per share of $10 and a market value of $24, what is the market capitalization of a firm with 2,000,000 outstanding shares?

• A) $2,000,000
• B) $20,000,000
• C) $28,000,000
• D) $48,000,000

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