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:

Independents

Independents are individuals who do not affiliate with any established political party, often holding views or making decisions that are not strictly in line with mainstream party ideologies.

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when they work in a group compared to when they work alone.

Group Assignments

Educational tasks or projects undertaken by a group of students intended to foster teamwork and collaborative learning.

Internalization

The process by which individuals take in and accept the norms, values, and beliefs of their society as their own.