if tobin q is greater than one , then the stock market value installed capital at more tha its cost to replace. this creates an incentive to invest, because managers can raise the market value of the firms stock by selling more capital true or false

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter31: Capital Markets
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if tobin q is greater than one , then the stock market value installed capital at more tha its cost to replace. this creates an incentive to invest, because managers can raise the market value of the firms stock by selling more capital true or false 

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