Question
Ebay closed at $39.56 per share on September 24, 2019.The stock opened at $38.92 on September 25, 2019 and closed at $39.24 per share.There are
Ebay closed at $39.56 per share on September 24, 2019.The stock opened at $38.92 on September 25, 2019 and closed at $39.24 per share.There are 813.52 million shares of Ebay outstanding. Yahoo! Finance reports a beta of 1.27 for Ebay.The S&P 500 a common proxy for the market portfolio, closed at 2966.60 on September 24, 2019.The S&P 500 opened at 2968.35 on September 25, 2019 and closed at 2984.87.
what is the market portfolio? How much did this cost shareholders using closing values?
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Multinational Financial Management
Authors: Alan C Shapiro, Paul Hanouna
11th Edition
1119559901, 9781119559900
