{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-22T11:13:48-04:00", "answer_date": "2024-05-22 11:13:48", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1509615", "url": "\/study-help\/questions\/the-table-shown-below-to-answer-the-question-posed-in-1509615", "question_creation_date_js": "2024-05-22T11:13:48-04:00", "question_creation_date": "May 22, 2024 11:13 AM", "meta_title": "[Solved] The table shown below to answer the quest | SolutionInn", "meta_description": "Answer of - The table shown below to answer the question posed in part a. Parts b and c are independent of the given table. Callaw | SolutionInn", "meta_keywords": "table,shown,below,answer,question,posed,part,parts,c,independent,callaway,golf", "question_title_h1": " The table shown below to answer the question posed in part a. Parts b and c are independent of the given table. Callaway Golf", "question_title": " The table shown below to answer the question posed in part", "question_title_for_js_snippet": "The table shown below to answer the question posed in part a Parts b and c are independent of the given table Callaway Golf (ELY) Alaska Air Group (ALK) Yum Brands (YUM) Caterpillar Tractor (CAT) Microsoft (MSFT) Number of Share (millions) 27 30 Stock Price 94 2 x 123 7 301 7 543 3 7,560 x 50 70 103 07 x x 186 66 242 12 Market Capitalization (5 millions) $2,572 $ 6,272 $31,096 $101,412 $ 1,830,427 a The price of Yum Brands stock has risen to $180 What is the market value of the firm's equity if the number of outstanding shares does not change Note Enter your answer in dollars not in billions of dollars b The rating agency has revised Catalytic Concepts' bond rating to A (use Table 2 2) What interest rate, approximately, would the company now need to pay on its bonds Note Enter your answer as a percent rounded to 1 decimal place c A farmer and a meatpacker use the commodity markets to reduce their risk One agrees to buy live cattle in the future at a fixed price, and the other agrees to sell Which one sells a Market value $ 1,994,988 3 8 c Which one sells A farmer b Interest rate Credit Rating Interest Rate AAA AA 1 6 1 6 A 1 7 BBB 2 4 BB 4 2 B 5 6", "question_description": "\"image\"image", "transcribed_text": "The table shown below to answer the question posed in part a. Parts b and c are independent of the given table. Callaway Golf (ELY) Alaska Air Group (ALK) Yum! Brands (YUM) Caterpillar Tractor (CAT) Microsoft (MSFT) Number of Share (millions) 27.30 Stock Price 94.2 x 123.7 301.7 543.3 7,560 x 50.70 103.07 x x 186.66 242.12 Market Capitalization (5 millions) $2,572 $ 6,272 $31,096 $101,412 $ 1,830,427 a. The price of Yum! Brands stock has risen to $180. What is the market value of the firm's equity if the number of outstanding shares does not change? Note: Enter your answer in dollars not in billions of dollars. b. The rating agency has revised Catalytic Concepts' bond rating to A (use Table 2.2). What interest rate, approximately, would the company now need to pay on its bonds? Note: Enter your answer as a percent rounded to 1 decimal place. c. A farmer and a meatpacker use the commodity markets to reduce their risk. One agrees to buy live cattle in the future at a fixed price, and the other agrees to sell. Which one sells? a. Market value $ 1,994,988 3.8 % c. Which one sells? A farmer b. Interest rate Credit Rating Interest Rate AAA AA 1.6% 1.6 A 1.7 BBB 2.4 BB 4.2 B 5.6", "related_book": { "title": "Fundamentals Of Corporate Finance", "isbn": "1264101562, 978-1264101566", "edition": "11th Edition", "authors": "Richard A. Brealey, Stewart C. Myers, Alan J. Marcus", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/6358cb9ecab60_12367.jpg", "uri": "\/textbooks\/ise-fundamentals-of-corporate-finance-11th-edition-9781265102593", "see_more_uri": "\/textbooks\/business-content-marketing-3393" }, "free_related_book": { "isbn": "3642083730", "uri": "\/textbooks\/mathematical-visualization-algorithms-applications-and-numerics-1st-edition-978-3642083730-273288", "name": "Mathematical Visualization Algorithms Applications And Numerics", "edition": "1st Edition" }, "question_posted": "2024-05-22 11:13:48", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/question-7-we-discussed-the-selection-sort-sorting-algorithm-what-391703", "description": "QUESTION 7 We discussed the selection sort sorting algorithm. 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