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Consider the table given below to answer the first question (shares and market values in millions) Number of Callaway Golf (ELY) Alaska Air Group (ALK)
Consider the table given below to answer the first question (shares and market values in millions) Number of Callaway Golf (ELY) Alaska Air Group (ALK) Entergy (ETR) Yum! Brands (YUM) General Electric (GE) Market Shares x Stock Price- Capitalizat 93.8 x8.76 821 124.7 $80.77- $ 10,074 178.5 75.92 13,551 408.7 $77.77 31,875 9,331.030.34 283,091 a. 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? (Enter your answer in billions rounded to 3 decimal places.) Market value b. The rating agency has revised Catalytic Concept's bond rating to A (use Iable 2.2). W approximately, would the company now need to pay on its bonds? (Enter your answer as a percent rounded decimal places.) hat interest rate Interest rate Consider the table given below to answer the first question (shares and market values in millions) Number of Callaway Golf (ELY) Alaska Air Group (ALK) Entergy (ETR) Yum! Brands (YUM) General Electric (GE) Market Shares x Stock Price- Capitalizat 93.8 x8.76 821 124.7 $80.77- $ 10,074 178.5 75.92 13,551 408.7 $77.77 31,875 9,331.030.34 283,091 a. 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? (Enter your answer in billions rounded to 3 decimal places.) Market value b. The rating agency has revised Catalytic Concept's bond rating to A (use Iable 2.2). W approximately, would the company now need to pay on its bonds? (Enter your answer as a percent rounded decimal places.) hat interest rate Interest rate
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