Ivanhoe Energy Inc Has 36 Million Shares Outstanding,with a Current

question 59

Multiple Choice

Ivanhoe Energy Inc has 36 million shares outstanding,with a current share price of $21.45 per share.If the firm's book value of equity is $80 million,what is its market-to-book ratio?

• A)0.45
• B)2.22
• C)9.65
• D)0.10
• E)3.73

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