20-91 Simulate Bank Has 2 Million Shares of Stock That

20-91 Simulate Bank has 2 million shares of stock that currently are trading at $40 per share.The shares have a par value of $2.00,and the bank's balance sheet shows a surplus value of $36,000,000,retained earnings of $56,000,000,and loans loss reserve of $9,000,000.What is the value of the bank's market to book ratio?

A) 2.00.
B) 0.83.
C) 1.31.
D) 0.76.
E) 1.20.