Question: Consider the table shown below to answer the question posed in part a. Parts and care independent of the given table Callaway Golf (ELY) Alaska
Consider the table shown below to answer the question posed in part a. Parts and care independent of the given table Callaway Golf (ELY) Alaska Air Group (ALK) Yum! Brands (YUM) Caterpillar Tractor (CAT) Microsoft (MSFT) Number of Share (millions) % Stock Price = 94.6 X $ 16.36 = 123.4 X $ 61.96 332.5 $ 85.13 147.4 x $597.63 7,785.0 $ 91.27 Market Capitalization ($ millions) $ 1547.66 $ 7645.86 $ 28,305.73 $ 88,090.66 $783, 235.35 a. The price of Yumt Brands stock has risen to $170. What is the market value of the firm's equity if the number of outstanding shares does not change? (Enter your answer in billions rounded to 3 decimal places.) Market value $ 54,862.500
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
