Crindle Canada's Stock Price at the End of Last Year

question 102

Multiple Choice

Crindle Canada's stock price at the end of last year was $133.50,and its book value per share was $75.00.What was its market/book ratio?

• A)1.34
• B)1.78
• C)1.48
• D)1.55

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Definitions:

Interest Rate

The percentage at which interest is charged or paid for the use of money, often expressed annually.

Investment Options

Various financial assets or vehicles in which individuals or entities can invest money with the expectation of achieving a return.

Rule Of 70

A rule estimating the number of years required to double an investment or population at a particular annual growth rate, calculated by dividing 70 by that growth rate.

Interest Rate

The financial charge for borrowing resources, represented as a percentage of the initial loan amount.