What Is the Market Price of a Share of Stock

question 4

Multiple Choice

What is the market price of a share of stock for a firm with 100,000 shares outstanding,a book value of equity of $3,000,000,and a market-to-book ratio of 3?

• A) $10
• B) $30
• C) $90
• D) $105

---

Definitions:

Satisfaction

The feeling of fulfillment or pleasure derived from achieving a goal, satisfying a desire, or meeting a need.

Service Sector

The segment of the economy that provides intangible goods or services to consumers, including healthcare, education, financial services, and retail.

Labor Force

A rephrased definition: This consists of all working-age individuals who are currently employed or actively seeking employment.

Participation

The act of taking part or being actively involved in an activity or event.