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ABC corporation has 2 million shares oustanding and each share trades for $ 3 0 . In addition, the company's book value of equity is

ABC corporation has 2 million shares oustanding and each share trades for $30. In addition, the company's book value
of equity is $30 million. Given this information, asnwer the following questions.
ABC Corporation's market value of equity is:
A. $900 million
B. $60 million
C. $1 million
D. $15 million
ABC Corporation's market to book/ratio is:
A.1
B.60
C.2
D.0.5
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