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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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