tv A What was the change in Global Conglomerate's book value of equity from 2017 to 2018 according to Table 2.1 that the market price of Global's shares increased in 2018? Explain. (Select all the choices that apply.) ? Does this imply A. Global Conglomerate's book value of equity increased by $1 million from 2017 to 2018. An increase in book value does not necessarily indicate an increase in Global's share price. B. The market value of a stock depends on both the historical cost of the firm's assets and investors' expectation of the firm's future performance. There are many events that may affect Global's future profitability, and hence its share price, that do not show up on the balance sheet. C. The market value of a stock does not depend on the historical cost of the firm's assets, but on investors' expectation of the firm's future performance. There are many events that may affect Global's future profitability, and hence its share price, that do not show up on the balance sheet. D. Global Conglomerate's book value of equity increased by $1 million from 2017 to 2018. An increase in book value necessarily indicates an increase in Global's share price.