Consider the table given below to answer the first question (shares and market values in millions). Number of Shares Stock Price = Market Capitalization Callaway Golf (ELY) 93.8 $ 8.76 = $ 821 Alaska Air Group (ALK) 124.7 $ 80.77 = $ 10,074 Entergy (ETR) 378.5 $ 75.92 = $ 28,734 Yum! Brands (YUM) 408.7 $ 77.77 = $ 31,875 General Electric (GE) 9,331.0 $ 30.34 = $ 283,091 a. The price of Entergy stock has risen to $80. What is the market value of the firms equity if the number of outstanding shares does not change? (Enter your answer in billions rounded to 3 decimal places.) b. The rating agency has revised Catalytic Concepts bond rating to AAA (use Table 2.2). What interest rate, approximately, would the company now need to pay on its bonds? (Enter your answer as a percent rounded to 2 decimal places.)