Question: Book value per share is typically different than market value per share because: a. book value is based on financial reporting concepts and market value

Book value per share is typically different than market value per share because:

a.

book value is based on financial reporting concepts and market value is derived from perceptions of the firms future potential
b.

investors do not understand book value
c.

book values are based on replacement costs rather than market values
d.

book value is not related to dividends
e.

book value is after tax

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