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A Firm Is Most Likely to Have a Value of Tobin's

Question 6

Multiple Choice

A firm is most likely to have a value of Tobin's q that exceeds 1 if


A) it is privately held
B) it consistently allows depreciation to erode its stock of physical capital
C) it holds numerous copyrights
D) its optimal capital stock exceeds its actual capital stock
E) its gross investment exceeds its net investment

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