Suppose Best Buy stock is trading for $75 per share for a total market cap of $15

Question:

Suppose Best Buy stock is trading for $75 per share for a total market cap of $15 billion, and Walt Disney has 1.82 billion shares outstanding. If you hold the market portfolio, and as part of it hold 100 shares of Best Buy, how many shares of Walt Disney do you hold?

Appendix

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Corporate Finance

ISBN: 9780137845071

6th Edition

Authors: Jonathan Berk, Peter DeMarzo

Question Posted: