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Assume General Electric (GE) Has About 10

Question 11

Multiple Choice

Assume General Electric (GE) has about 10.3 billion shares outstanding and the stock price is $37.10. Also assume the P/E ratio is about 18.3. Calculate the market capitalization for GE. (Approximately)


A) $679 billion
B) $188 billion
C) $382 billion
D) None of the above

Correct Answer:

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