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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 49
How much is the market capitalization of each of these companies?
a) Its common stock is selling at $24 and it has 100 million outstanding shares.
b) Its common stock is selling at $500 and it has 30 million outstanding shares.
c) Its common stock is selling at $800 and it has 2 billion outstanding shares.
a) Its common stock is selling at $24 and it has 100 million outstanding shares.
b) Its common stock is selling at $500 and it has 30 million outstanding shares.
c) Its common stock is selling at $800 and it has 2 billion outstanding shares.
Explanation
Verified
Verified
Market capitalization is calcu...
Macroeconomics 11th Edition by Stephen Slavin
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