Given rhe following for GFD Inc: Stock price = $40/share # of shares = 10,000,000 Market value

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Given rhe following for GFD Inc:

Stock price = $40/share

# of shares = 10,000,000

Market value debt = $500,000,000

cash and cash equivalents = $60,000,000

Find the:

1. market capitalization of the firm

2. Enterprise value

3. what does enterprise value tell us?

Related Book For answer-question

Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Posted Date: Mar 25, 2024 05:33 AM

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Given rhe following for GFD Inc: Stock price = $40/share # of shares = 10,000,000 Market value

Question:

Expert Answer:

To calculate the market capitalization and enterprise value for GFD Inc we can use the following for... View the full answer

Foundations of Financial Management

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