FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A stock's market capitalization is determined by a. Multiplying the number of shares outstanding by the latest stock price. b. Trial and error using its

A stock's market capitalization is determined by

a. Multiplying the number of shares outstanding by the latest stock price.
b.

Trial and error using its beta and the risk free rate.
c.

The book value of its equity times the company's debt ratio.
d.

The present value of its future cash flows discounted at the risk free rate.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fintech For Finance Professionals

Fintech For Finance Professionals

Authors: David Kuo Chuen Lee, Joseph Lim, Kok Fai Phoon, Yu Wang

1st Edition

9811241864, 978-9811241864

More Books

Students also viewed these Finance questions

Question

★★★★★
(a) By what factor must the sound intensity be increased to raise the sound intensity level by 13.0 dB? (b) Explain why you don't need to know the original sound intensity.

Answered: 1 week ago

Question

★★★★★
9. What is the value of having well-spaced, shorter learning experiences?

Answered: 1 week ago

Question

★★★★★
A broker wants to sell a customer an investment costing $100 with an expected payoff in one year of $106. The customer indicates that a6 percent return is not very attractive. The broker responds by...

Answered: 1 week ago

Question

★★★★★
Deeply discounted bond that pays no coupon interest is a

Answered: 1 week ago

Question

★★★★★
The net present value of a replacement item of equipment will decrease if the current market value of the equipment to be replaced is increased, other things held constant. Question options: True...

Answered: 1 week ago

Question

★★★★★
Use the ML Practitioner Assessment project to answer this question. Which two of the following statements about the "grade" column in the schools_data dataset are true? It has a mean of 10.56 and a...

Answered: 1 week ago

Question

★★★★★
= CPPREP4104 Establish buyer re lationships -NSW ? Item 10 of 13 You have received two (2) first home buyer enquiries via email - they have both filled out a buyer profile. Open and read through...

Answered: 1 week ago

Question

★★★★★
Use the ML Practitioner Assessment project to answer this question. Classification models establish a certain probability as a threshold. In the Evaluate recipe, if the model assigns a probability to...

Answered: 1 week ago

Question

★★★★★
In a local boutique, you intend to buy a handbag with an original price of $38, a jacket with an original price of $189, and a scarf with an original price of $23. Currently, the store is running a...

Answered: 1 week ago

Question

★★★★★
Please use the following information to answer the next question: A US firm's Accounts Payables (in UK) due in 1 year GBP 5,000,000 Current Spot rate for GBP is $2.00 Annual interest rate in US is 5%...

Answered: 1 week ago

Question

★★★★★
1. Stereotypes in Your Life. List some of the stereotypes you have heard about U.S. Americans. Then answer the following questions:

Answered: 1 week ago

Question

★★★★★
a. What is the historical relationship between this group and other groups (particularly the dominant cultural groups)?

Answered: 1 week ago

Question

★★★★★
4. What factors in your experience have led to the development of positive feelings about your own cultural heritage and background? What factors have led to negative feelings, if any?

Answered: 1 week ago

Previous Question Next Question