The home page for Air Canada can be found at aircanada.ca. Locate the most recent annual report,

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The home page for Air Canada can be found at aircanada.ca. Locate the most recent annual report, which contains a statement of financial position for the company. What is the book value of equity for Air Canada? The market value of a company is the number of shares of stock outstanding times the price per share. This information can be found at ca.finance.yahoo.com using the ticker symbol for Air Canada (AC). What is the market value of equity? Which number is more relevant for shareholders?

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Fundamentals of Corporate Finance

ISBN: 978-0071051606

8th Canadian Edition

Authors: Stephen A. Ross, Randolph W. Westerfield

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