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

Question

3 years ago

15

res does not change?.

1 answer:

Norma-Jean [14] · Answer 1 · 2022-10-24T05:40:29+03:00

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.

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