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Tobin's Q Is the Ratio of the

Question 68

Multiple Choice

Tobin's q is the ratio of the


A) dividend payments of a firm to the current stock price of the firm.
B) market value of a firm to the replacement cost of its capital.
C) current stock price of a firm to the number of outstanding shares of stock in the firm.
D) current stock price of a firm to the total earnings of the firm.

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