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What was the change in Global's book value of equity from 2015 to 2016 according to Table 21 ? Does this imply that the market

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What was the change in Global's book value of equity from 2015 to 2016 according to Table 21 ? Does this imply that the market price of Glo increased in 2016? Explain. What was the change in Global's book value of equity from 2015 to 2016? Globa's book value of equity changed by $ 15 million from 2015 to 2016. (Round to one decimal place) Does this imply that the market price of Global's shares increased in 2016? Explain. (Select all the choices that apply.) DA. 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 perfa B. There are many events that may affect Global's future profitabilty, and hence its share price that do not show up on the balance sheet C. An increase in book value necessarily indicates an increase in Global's share price. The book value of the equity does not go up unless the st up D. An increase in book value does not necessarily indicate an increase in Global's share price Click to select your answer(s) Save for Later This course (FIN 3100 100 SA 20 is based on Bert/DeMarzerford: Fundamentals of Corporate France, Terms of Use Privacy Policy Copyright 2020 Pearson Education Inc. All Rights Reserved E

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