The following information is available for the common shares of DEF Co.: 50 millionshares authorized, 25 million shares issued and outstanding, and 1 million shares inthe public float. Calculate DEF's market capitalization if the current market price ofthe common shares is $25$25,000,000O $625,000,000O $650,000,000$1,250,000,000

Number of Shares Outstanding = n = 25 millionMarket Price per Share = p = $25

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Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 5MCQ

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