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

question 21

Multiple Choice

Use the following information to answer the question(s) below.
Taggart Transcontinental pays no dividends,but spent $4 billion on share repurchases last year.Taggart's equity cost of capital is 13% and the amount spent on repurchases is expected to grow by 5% per year.Taggart currently has 2 billion shares outstanding.
-Taggart's market capitalization is closest to:

• A)$25 billion.
• B)$31 billion.
• C)$40 billion.
• D)$50 billion.

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A complex process involving the repair of skin and tissues after injury, through stages that include clotting, inflammation, tissue growth, and remodeling.

Vitamin Deficiency

A state where the body lacks sufficient amounts of vitamins essential for optimal health and function.

Citric Acid Cycle

A sequence of chemical processes that all aerobic life forms utilize to produce energy by oxidizing acetate, obtained from carbohydrates, fats, and proteins, into carbon dioxide.

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