Evaluate the Expression Without Using a Calculator $\log _ { 27 } 3$

question 44

Multiple Choice

Evaluate the expression without using a calculator.
- $\log _ { 27 } 3$

• A) 9
• B) 1
• C) 3
• D) \(\frac { 1 } { 3 }\)

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Definitions:

Shares Outstanding

Shares outstanding refer to all shares currently owned by shareholders, including restricted shares owned by company insiders and share blocks held by institutional investors.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and gives holders voting rights and a share in the company's profits via dividends.

Paid-In Capital

Funds that shareholders contribute to a company in exchange for equity, beyond the par value of the shares.

Par Value

The face value of a stock or bond as stated by the issuing company, which does not necessarily reflect its market value.