The Charbridge Inc. has 4 million shares of stock outstanding. The stock has a par value of $1.00 per share and is currently trading at $36 per share. Nicole estimates the investment value of this stock at $38.50. According to this information, the market capitalization of Charbridge is
A) $144,000,000.
B) $154,000,000.
C) $4,000,000.
D) $72 million.
Correct Answer:
Verified
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