Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
If a corporation has 25,000 shares of stock outstanding among 1,325 shareholders and its stock is trading at $42, what is the market capitalization of the corporation?
Expert Solution
Step 1
Market capitalization is known as the market value of all the shares issued in the market.
It is computed as:
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