In December $2021,$ General Electric $($GE$)$ had a book value of equity of $$$$40\mathrm{.}2$billion$,1\mathrm{.}3$ billion shares$$ outstanding, and a market price of $$$$94\mathrm{.}64$ per share. GE also had cash of $$$$28\mathrm{.}9$billion$,$ and total debt of $$$$34\mathrm{.}3$ billion.

a$.$ What was GE$\text{'}$s market$$ capitalization? What was GE$\text{'}$s $$market$-$to$-$book ratio?

b$.$ What was GE$\text{'}$s book$$ debt$-$equity ratio? What was GE$\text{'}$s market$$ debt$-$equity ratio?

c$.$ What was GE$\text{'}$s enterprise$$ value?

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Part $1$

a$.$ What was GE$\text{'}$s market$$ capitalization?

GE$\text{'}$s market capitalization was $$$

$$

enter your response here billion.$($Round to one decimal$$ place.$)$