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23) The Market Cap of a company with 1,700,000 shares outstanding and a market price per share of $25 is a. indeterminable b. $42.5 MM

23) The Market Cap of a company with 1,700,000 shares outstanding and a market price per share of $25 is a. indeterminable b. $42.5 MM c. 1.7 MM divided by 25 or 68,000 d. $52.5 MM

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