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Business, 24.11.2020 18:50 tammycute01
Suppose that Merck (MRK) stock is trading for $36.70 per share with 2.11 billion shares outstanding while Boeing (BA) has 697.5 million shares outstanding and a market capitalization of $38.223 billion. Assume that you hold the market portfolio. Merck's market capitalization is closest to:
a. 330 shares.
b. 240 shares.
c. 780 shares.
d. 510 shares.
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Answers: 3
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Suppose that Merck (MRK) stock is trading for $36.70 per share with 2.11 billion shares outstanding...
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