If Microsoft's shares are trading at $30.00 and there are 3 million shares outstanding,then Microsoft's market capitalization would be $9 million.

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Quizplus · Accepted Answer

Microsoft's market capitalization would be $90 million, not $9 million. Market capitalization is calculated by multiplying the number of shares outstanding by the current share price. In this case, 3 million shares outstanding x $30.00 per share = $90 million market capitalization.

If Microsoft's Shares Are Trading at $30