What was the change in Global Conglomerate's book value of equity from $2021$ to $2022$ according to Table $2\mathrm{.}1$: $?$ Does this imply that the market price of Global's shares increased in $2022?$ Explain.

$($Select all the choices that apply.$)$

A$.$ Global Conglomerate's book value of equity increased by $$1$ million from $2021$ to $2022.$ An increase in book value does not necessarily indicate an increase in Global's she price.

B$.$ 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 event 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 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.

D$.$ Global Conglomerate's book value of equity increased by $$1$ million from $2021$ to $2022.$ An increase in book value necessarily indicates an increase in Global's share price.