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QUESTION 1 (a) Explain what is meant by the market capitalisation of a listed company. How would you find the market capitalisation of a listed

QUESTION 1

(a) Explain what is meant by the market capitalisation of a listed company. How would you find the market capitalisation of a listed company? (3 marks)

(b) If a company has 10,000,000 ordinary shares on issue with a current market price of $3.50 per share, calculate the market capitalisation of the company. (2 marks)

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