The cryptocurrency XRP had a total transaction volume of $14,019,710,594, a circulating supply of 45,404,028,640 XRP and a market price of 0.06124 $/XRP last quarter. The benchmark Price-Transactions (PT) ratio for these type cryptocurrencies is 13 times. What price would you consider appropriate? $12.47 $19.16 $25.78 $18.08 $48.29
The cryptocurrency XRP had a total transaction volume of $14,019,710,594, a circulating supply of 45,404,028,640 XRP and a market price of 0.06124 $/XRP last quarter. The benchmark Price-Transactions (PT) ratio for these type cryptocurrencies is 13 times. What price would you consider appropriate? $12.47 $19.16 $25.78 $18.08 $48.29
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The cryptocurrency XRP had a total transaction volume of $14,019,710,594, a circulating supply of 45,404,028,640 XRP and a market price of 0.06124 $/XRP last quarter. The benchmark Price-Transactions (PT) ratio for these type cryptocurrencies is 13 times. What price would you consider appropriate?
$12.47 |
||
$19.16 |
||
$25.78 |
||
$18.08 |
||
$48.29 |
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