Asked by Kesha Boston on Jun 04, 2024
Verified
The market value of a corporation's stock is determined by the number of shares that the corporation has been authorized to issue.
Market Value
The existing cost for buying or selling an asset or service on the market.
- Grasp how the market value of a corporation's stock is determined and influenced.
Verified Answer
SK
simon kaboreJun 08, 2024
Final Answer :
False
Explanation :
The market value of a corporation's stock is determined by various factors such as financial performance, industry trends, and market demand. The number of shares authorized to issue may affect the potential supply of the stock, but it is not the sole determinant of market value.
Learning Objectives
- Grasp how the market value of a corporation's stock is determined and influenced.
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