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Problem 2-18 Functions of Financial Markets (LO3) Consider the toble shown below to answer the question posed in port a. Parts b and c are

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Problem 2-18 Functions of Financial Markets (LO3) Consider the toble shown below to answer the question posed in port a. Parts b and c are independent of the given totle. a. The price of Yumf Brands stock has risen to $185. What is the market value of the firm's equity if the mumber of outstancing shares does not change? Note: Enter your answer in dollars not in billions of dollars. b. The rating ogency has revised Catalytic Concepts' bond rating to A fuse fable 22) What interest rate, opprokinntey; woud the company now neted to pay on its bonds? Note: Enter your answer as a percent rounded to 1 decimal place. c. A farmer and a meatpocker use the commodity markets to reduce their rak; One agrees to buy live cottle in the hafure in a fixed price, and the other agrees to sell. Which one selis

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