Consider the table given below to answer the first question (shares and market values in millions). The price of Entergy stock has risen to $90.
Consider the table given below to answer the first question (shares and market values in millions).
The price of Entergy stock has risen to $90. What is the market value of the firm's equity if the number of outstanding shares does not change?
Number of Market Shares 93.8 124.7 178.5 408.7 Stock Price = Capitalization $ 8.76 $ 80.77 $ 75.92 $ 77.77 $ 30.34 Callaway Golf (ELY) Alaska Air Group (ALK) Entergy (ETR) Yum! Brands (YUM) General Electric (GE) 821 $ 10,074 $ 13,551 $283,091 9,331.0
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Authors: Ron Larson, Betsy Farber
6th Edition
0321911210, 978-0321911216
