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Help with homework question please Consider the table given below to answer the first question (Shares and market values in millions.): a. The price of
Help with homework question please
Consider the table given below to answer the first question (Shares and market values in millions.): a. The price of Estee Lauder stock has risen to $95. What is the market value of the firm's equity? Market value $41776.25 billion b. The rating agency has revised Catalytic Concept's bond rating to AA (Use Table 2.2). What interest rate, approximately, would the company now need to pay on its bonds? 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? A farmer A meatpackerStep by Step Solution
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