Assume general electric ge has about 103 billion shares, Financial Management

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Assume general electric ge has about 103 billion shares

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.

$679 billion

$188 billion

$382 billion

$103 billion

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Financial Management: Assume general electric ge has about 103 billion shares

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