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 sha
res does not change?.
1 answer:
The market value of the firm’s equity if the number of outstanding shares does not change is:$59,850.
<h3>Market value</h3>
Using this formula
Market value=Yum! Brands (YUM) Number of shares ×Stock price
Where:
Yum! Brands (YUM) number of shares=332.5
Stock price=$180
Let plug in the formula
Market value=332.5×$180
Market value=$59,850
Inconclusion the market value of the firm’s equity if the number of outstanding shares does not change is:$59,850.
Learn more about market value here:brainly.com/question/8084221
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