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problem a : given in 2005 10.6billion , market price of $36 per share and given in 2009 10.5 billion , a market price of
problem a : given in 2005 10.6billion , market price of $36 per share and given in 2009 10.5 billion , a market price of $ 10.8 per share but the answer is a 10.3billion x $38 = $391.4 billion . how did you get it?
fo:///C:Userwiser/Downloads/Asagnment%201-Probern,. 2018pdl 8. In March 2005, General Electric (GE) had a book value of equity of $113 billion, 10.6 billion shares outstanding, and a market price of $36 per share. GE also had cash of $13 billion, and total debt of $370 billion. Four years later, in early 2009, GE had a book value of equity of $105 billion, 10.5 billion shares outstanding with a market price of $10.80 per share, cash of $48 billion, and total debt of $524 billion. Over this period, what was the change in GE's a. market capitalization? b. market-to-book ratio? c. book debt-equity ratio? d. market debt-equity ratio? e. enterprise value? SAMSUNGStep by Step Solution
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