A company issues 2,000,000,000 shares of common stock and sells 150,000,000 of these shares to...
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Finance
A company issues 2,000,000,000 shares of common stock and sells 150,000,000 of these shares to the public in an initial offering. The remainder of the shares are held as Treasury Stock. After the first day of trading, the shares are selling in the stock market for $11 per share. What is the market value of the company at the end of the trading day
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