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1 021 Callaway Golt (KL) Alaska Air Group (ALK Entercy (TR) Yual Brands (YUN) General Electrie (GE) 93.0 124.7 199.5 408.7 9,331.0 8.76 $ 80.72

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1 021 Callaway Golt (KL) Alaska Air Group (ALK Entercy (TR) Yual Brands (YUN) General Electrie (GE) 93.0 124.7 199.5 408.7 9,331.0 8.76 $ 80.72 $ 75.92 $97.77 $ 30.34 o $ 10,074 $ 15,145 $31.875 $283,091 * 12.5 points a. The price of Entergy stock has risen to $85. What is the market value of the firm's equity If the number of outstanding shores does not change? (Enter your answer in billions rounded to 3 decimal places.) Market value Book Print b. The rating agency has revised Catalytic Concept's bond rating to AAA (use Table 2.2). What interest rate, approximately, would the company now need to pay on its bonds? (Enter your answer as a percent rounded to 2 decimal places.) Interest rate % e. A former and a meatpacker use the commodity markets to reduce their risk. One agrees to buy live cattle in the future at a fixed price, and the other agrees to sell. Which one sells? A farmer A meatpacker

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