Tobin's q is
A) the ratio of a firm's market value on the stock and bond markets to the replacement cost of its capital stock.
B) the ratio of a firm's gross investment to its capital stock less its replacement cost of capital.
C) a firm's replacement cost of capital less its value on the stock and bond markets.
D) the ratio of a firm's replacement cost of capital to its gross investment.
Correct Answer:
Verified
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