Question: Consider the table shown below to answer the question posed in part a . Parts b and c are independent of the given table. Number
Consider the table shown below to answer the question posed in part a Parts b and c are independent of the given table.
Number of Share millionstimes Stock Price Market Capitalization $ millions
Callaway Golf ELYtimes $
Alaska Air Group ALKtimes $
Yum! Brands YUMtimes $
Caterpillar Tractor CATtimes $
Microsoft MSFTtimes $
a The price of Yum! Brands stock has risen to $ What is the market value of the firms equity if the number of outstanding shares does not change? Enter your answer in dollars not in billions of dollars.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
