Assume General Electric (GE) has about 12.2 billion shares outstanding and the stock price is $42.30. Also, assume the P/E ratio is about 17.5x. Calculate
Assume General Electric (GE) has about 12.2 billion shares outstanding and the stock price is $42.30. Also, assume the P/E ratio is about 17.5x. Calculate the approximate market capitalization for GE.
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Authors: William Brueggeman, Jeffrey Fisher
16th Edition
1259919684, 978-1259919688
