ech Co. has 180 million shares outstanding and each share of Tech Co. trades at $800. The book value of equity for Tech Co. is $37 per share. In the most recent quarter, Tech Co. has $12.95 billion in debt and $6.07 billion in cash holdings. The Enterprise Value for Tech Co. is ___________, which can be interpreted as____________

	a.	$156.90 billion; the book value of assets.
	b.	$150.88 billion; the price to take over the business.
	c.	$460.98 billion; the value of business plus inventory costs.
	d.	$126.88 billion; the market value of equity.