In early

20122012,

General Electric (GE) had a book value of equity of

$ 116$116

billion,

10.310.3

billion shares outstanding, and a market price of

$ 16.05$16.05

per share. GE also had cash of

$ 89$89

billion, and total debt of

$ 420$420

billion. Three years later, in early

20152015,

GE had a book value of equity of

$ 134$134

billion,

10.910.9

billion shares outstanding with a market price of

$ 25.81$25.81

per share, cash of

$ 82$82

billion, and total debt of

$ 309$309

billion. Over this period, what was the change in GE's

a. market capitalization?

b. market-to-book ratio?

c. enterprise value?

a. Over the 3-year period, what was the change in GE's market capitalization?

The change in GE's market capitalization was

$nothing

billion. (Round to two decimal places.)

b. Over the 3-year period, what was the change in GE's market-to-book ratio?

The change in GE's market-to-book ratio was

nothing.

(Round to two decimal places.)

c. Over the 3-year period, what was the change in GE's enterprise value?

The change in GE's enterprise value was

$nothing

billion. (Round to two decimal places.)