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Please use the following information for the next 3 questions. CXC is a private company. The company currently has $50,000 in debt and $50,000 in
Please use the following information for the next 3 questions. CXC is a private company. The company currently has $50,000 in debt and $50,000 in equity.
Name Debt Equity Stock Price # Shares Beta
Company A 22 40 5 5000 1.5
Company B 20 25 2.5 15000 2.2
Company C 15 15 3.5 100000 1.7
Company D 30 20 10 50000 3
Company E 50 100 8 40000 2
What is the total market cap of the surveyed companies?
960,100
874,500
500,200
1,232,500
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