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London Stock Exchange. The stock price information is noted below: Exchange Quoted Stock Price Transaction Cost Net New York $105 $1 $104 London $107 $5
London Stock Exchange. The stock price information is noted below:
Exchange | Quoted Stock Price | Transaction Cost | Net |
New York | $105 | $1 | $104 |
London | $107 | $5 | $102 |
What is the fair value of Subsidiary Company if there is NO principal market for the stock?
Question 1 options:
105 | |
102 | |
104 | |
107 |
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