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Assume XYZ Corp has about 10.3 billion shares outstanding and the stock price is $37.10. Also, assume the P/E ratio is about 18.3. Calculate the
Assume XYZ Corp has about 10.3 billion shares outstanding and the stock price is $37.10. Also, assume the P/E ratio is about 18.3. Calculate the approximate market capitalization for XYZ Corp.
- A. $103 billion
- B. $679 billion
- C. $188 billion
- D. $382 billion
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