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Between the book value of assets and the book value of debt defines the book value of equity. If you check Yahoo finance, you could
Between the book value of assets and the book value of debt defines the book value of equity. If you check Yahoo finance, you could see that Apple (ticker: AAPL) reports a book value of equity of $112 billion as of August 27, 2015. a) On Yahoo finance, find Apple's market value of equity which is reported as market capitalization or market cap. b) How Apple's market value of equity compares to its book value? Does it make sense? c) Download daily prices starting June 1, 2015 through August 21, 2015 for AAPL stock and compute the average traded volume and average closing price
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