Question
a. The price of YUM! Brands stock has risen to $160. What is the market value of the firm's equity if the number of outstanding
a. The price of YUM! Brands stock has risen to $160. What is the market value of the firm's equity if the number of outstanding shares does not change? (Enter your answer in billions rounded to 3 decimal place)
b. The rating agency has revised Catalytic Concept's bond rating to AA. What interest rate approximately, would the company now need to pay on it's bonds?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley Eakins
6th International Edition
0321552113, 9780321552112
