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Atol Corp. has a price/book ratio of 1.3, a P/E ratio of 18 , and current eamings of $2.00/ share. Its current book value/share is:

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Atol Corp. has a price/book ratio of 1.3, a P/E ratio of 18 , and current eamings of $2.00/ share. Its current book value/share is: a. $36.00 b. $27.69 c. $2340 d. $11.70 An option that is in-the-money a. must have intrinsic value. b. must have time value. c. must have a negative premium. d must have time value greater than its premium

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