Question
Given rhe following for GFD Inc: Stock price = $40/share # of shares = 10,000,000 Market value debt = $500,000,000 cash and cash equivalents =
Given rhe following for GFD Inc:
Stock price = $40/share
# of shares = 10,000,000
Market value debt = $500,000,000
cash and cash equivalents = $60,000,000
Find the:
1. market capitalization of the firm
2. Enterprise value
3. what does enterprise value tell us?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To calculate the market capitalization and enterprise value for GFD Inc we can use the following for...
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Step: 2
Step: 3
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
