Use the Following Information to Answer the Question(s)below

question 98

Multiple Choice

Use the following information to answer the question(s) below.
Suppose the market consists only of Merck (MRK) and Boeing (BA) .Merck stock is trading for $36.70 per share with 2.11 billion shares outstanding while Boeing has 697.5 million shares outstanding and a market capitalization of $38.223 billion.Assume that you hold the market portfolio.
-Merck's market capitalization is closest to:

• A)$38.2 billion.
• B)$77.4 billion.
• C)$89.4 billion.
• D)$115.6 billion.

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