The market value of Pharmashot Inc.,whose securities are publicly traded,can be found by _____
A) multiplying the price of its stock by the number of shares issued in the market.
B) dividing the number of shares issued in the market by the price of the stock.
C) adding the total value of its outstanding stock to the total value of its outstanding bonds.
D) subtracting the total value of its outstanding bonds from the total value of its outstanding stock.
E) subtracting the total value of its outstanding stock from the total value of its outstanding bonds.
Correct Answer:
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