Question
On the day of the announcement, what was the total loss in market value of class A and Class B shares combined based on data
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On the day of the announcement, what was the total loss in market value of class A and Class B shares combined based on data given in footnote 4. "FOOTNOTE 4: The per share change in Berkshire Hathaway's A Class share price at the date of the announcement was $1895. The company had 811,755 Class A shares outstanding and 1,247,366,163 Class B shares outstanding. Class B common shares are equivalent to 1/1500th of Class A common shares."
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$ 1.58 Billion
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$ 4.05 Billion
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$ 4.73 Billion
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$ 6.31 Billion
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
5th edition
321280299, 321280296, 978-0321280299
