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In December 20152015, General Electric (GE) had a book value of equity of $ 98.2$98.2 billion, 9.19.1 billion shares outstanding, and a market price of
In December
20152015,
General Electric (GE) had a book value of equity of
$ 98.2$98.2
billion,
9.19.1
billion shares outstanding, and a market price of
$ 29.32$29.32
per share. GE also had cash of
$ 103.6$103.6
billion, and total debt of
$ 201.5$201.5
billion.
a. What was GE's market capitalization? What was GE's market-to-book ratio?
b. What was GE's book debt-equity ratio? What was GE's market debt-equity ratio?
c. What was GE's enterprise value?
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