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

question 32

Multiple Choice

Use the following information to answer the question(s) below.
Galt Industries is trading for $20 per share and has 25 million shares outstanding.Galt Industries has a debt-equity ratio of 0.4 and its debt is zero coupon debt with a ten-year maturity and a yield to maturity of 8%.
-In describing Galt's equity as a call option,the market value of the assets underlying the call option is:

• A)$200 million.
• B)$300 million.
• C)$500 million.
• D)$700 million.

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Definitions:

Artifacts

Symbols of culture in the physical and social work environments.

Organizational Culture

The shared values, beliefs, and practices that shape the behavior and attitudes of members within an organization.

Conscious Assumption

A belief or idea that is accepted as true without proof or empirical evidence, adopted deliberately by an individual.

Edgar Schein

A renowned organizational psychologist known for his contributions to the theory of organizational culture, leadership, and group dynamics.