Conversion values is $7000 and conversion rate received on stock conversion is 370 then current market price of stock is

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A. $16.92
B. $18.92
C. $13.92
D. $11.92
✅ The correct answer is option B.
Current market price of stock = Conversion values ÷ Conversion rate received on stock conversion
= $7000 ÷ 370 = $18.92.

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