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Company 2 3 Current Share Price £0.67 $1.03 $0.95 £0.78 *1 USD ($)=0.59 GBP *Market Value = Current Share Price x Outstanding Shares Outstanding Shares 3,530,601 3,571,428 3,507,941 3,482,355 If company 1's market value dropped by 6.5% and company 3's share price increased by 3.2%, what would be the difference in the market value of the two companies? Please PICK ONE answer from those listed below: E

Company 2 3 Current Share Price £0.67 $1.03 $0.95 £0.78 *1 USD ($)=0.59 GBP *Market Value = Current Share Price x Outstanding Shares Outstanding Shares 3,530,601 3,571,428 3,507,941 3,482,355 If company 1's market value dropped by 6.5% and company 3's share price increased by 3.2%, what would be the difference in the market value of the two companies? Please PICK ONE answer from those listed below: E

Essentials Of Investments
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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Company 1 2 3 4 Current Share Price £0.67 $1.03 $0.95 £0.78 *1 USD ($) = 0.59 GBP *Market Value = Current Share Price x Outstanding Shares Outstanding Shares 3,530,601 3,571,428 3,507,941 3,482,355 If company 1's market value dropped by 6.5% and company 3's share price increased by 3.2%, what would be the difference in the market value of the two companies? Please PICK ONE answer from those listed below: x
Transcribed Image Text:Company 1 2 3 4 Current Share Price £0.67 $1.03 $0.95 £0.78 *1 USD ($) = 0.59 GBP *Market Value = Current Share Price x Outstanding Shares Outstanding Shares 3,530,601 3,571,428 3,507,941 3,482,355 If company 1's market value dropped by 6.5% and company 3's share price increased by 3.2%, what would be the difference in the market value of the two companies? Please PICK ONE answer from those listed below: x
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