{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T20:13:49-04:00", "answer_date": "2024-05-26 20:13:49", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1758659", "url": "\/study-help\/questions\/consider-the-table-shown-below-to-answer-the-question-posed-1758659", "question_creation_date_js": "2024-05-26T20:13:49-04:00", "question_creation_date": "May 26, 2024 08:13 PM", "meta_title": "[Solved] Consider the table shown below to answer | SolutionInn", "meta_description": "Answer of - Consider the table shown below to answer the question posed in part a. Parts b and c are independent of the given tabl | SolutionInn", "meta_keywords": "table,shown,below,answer,question,posed,part,parts,c,independent,callaway,golf", "question_title_h1": " Consider the table shown below to answer the question posed in part a. Parts b and c are independent of the given table. Callaway", "question_title": " Consider the table shown below to answer the question posed in", "question_title_for_js_snippet": "Consider the table shown below to answer the question posed in part a Parts b and c are independent of the given table Callaway Golf (ELY) Alaska Air Group (ALK) Number of Share (millions) $ 16 36 $61 96) Market Capitalization (5 millions) $ 1547 66 $7645 86 Stock Price Yum Brands (YUM) Caterpillar Tractor (CAT) Microsoft (MSFT) 94 67 x 123 4 x 332 5 147 4 7,705 0 $ 85 13 $ 28,305 73 $597 63 x $91 27 $ 88,090 66 $703,235 35 a The price of Yum Brands stock has risen to $170 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 Concepts' bond rating to A (use Table 2 2) What interest rate, approximately, would the company now need to pay on its bonds (Enter your answer as a percent rounded to 1 decimal place ) Interest rate c A farmer and a meatpacker use the commodity markets to reduce their risk One agrees to buy live cattle in the future at a fixed price, and the other agrees to sell Which one sells ", "question_description": "\"image", "transcribed_text": "Consider the table shown below to answer the question posed in part a. Parts b and c are independent of the given table. Callaway Golf (ELY) Alaska Air Group (ALK) Number of Share (millions) $ 16.36 $61.96) Market Capitalization (5 millions) =$ 1547.66 $7645.86 Stock Price= Yum! Brands (YUM) Caterpillar Tractor (CAT) Microsoft (MSFT) 94.67 x 123.4 x 332.5 147.4 * 7,705.0 $ 85.13 = $ 28,305.73 $597.63 x $91.27 $ 88,090.66 $703,235.35 a. The price of Yum! Brands stock has risen to $170. 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 Concepts' bond rating to A (use Table 2.2). What interest rate, approximately, would the company now need to pay on its bonds? (Enter your answer as a percent rounded to 1 decimal place.) Interest rate c. A farmer and a meatpacker use the commodity markets to reduce their risk. One agrees to buy live cattle in the future at a fixed price, and the other agrees to sell. Which one sells?", "related_book": { "title": "Accounting concepts and applications", "isbn": "978-0538750196, 538745487, 538750197, 978-0538745482", "edition": "11th Edition", "authors": "Albrecht Stice, Stice Swain", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/75.jpg", "uri": "\/textbooks\/accounting-concepts-and-applications-11th-edition-75", "see_more_uri": "" }, "free_related_book": { "isbn": "B009NDK8SO", "uri": "\/textbooks\/an-elementary-treatise-on-plane-trigonometry-with-its-applications-to-heights-and-distances-navigation-and-surveying-1st-edition-b009ndk8so-130691", "name": "An Elementary Treatise On Plane Trigonometry With Its Applications To Heights And Distances Navigation And Surveying", "edition": "1st Edition" }, "question_posted": "2024-05-26 20:13:49", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/farley-inc-is-a-manufacturer-that-produces-customized-computer-components", "description": "Farley, Inc., is a manufacturer that produces customized computer components for several wellknown computer-assembly companies. 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