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 approximate market capitalization for GE.
A) $679 billion
B) $188 billion
C) $382 billion
D) $103 billion
Correct Answer:
Verified
Correct Answer:
Verified
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