Answer:
C is the answer
Step-by-step explanation:
The formula for Market Value Added (MVA) is MVA = Market Value of Equity - Book Value of Equity.
In this case, MVA is given as $160 million, and the Book Value of Equity is $300 million. Therefore, the Market Value of Equity can be calculated as:
Market Value of Equity = Book Value of Equity + MVA
Market Value of Equity = $300 million + $160 million
Market Value of Equity = $460 million
Now, to calculate the stock price, we divide the Market Value of Equity by the number of shares outstanding:
Stock Price = Market Value of Equity / Number of Shares Outstanding
Stock Price = $460 million / 10 million
Stock Price = $46
Therefore, the answer is c. $46.