4.1 Market capitalization is $75 x 14.5 million = $1,087.5 million. Market value added is $1,087.5 $610
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4.1 Market capitalization is $75 x 14.5 million = $1,087.5 million. Market value added is $1,087.5 $610 = $477.5 million. Market to book is 1,087.5/610 = 1.78. You can also cal- culate book value per share at $610/14.5 - $42.07, and use price per share to calculate market to book: $75/$42.07 = 1.78.
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780073382302
6th Edition
Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus
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