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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Definitions:

Weaknesses

Points of vulnerability within an organization, system, or individual that can be targeted or require improvement.

Strengths

Inherent capabilities or positive qualities that give an individual or organization a competitive advantage.

Community Relations

Efforts by a company or institution to engage and contribute to the well-being of the local community it's part of.

Local Level

Pertaining to, or affecting, a specific area or community, emphasizing actions or aspects relevant to a localized setting.