We have those information available to make a calculation. Number of shares: 2.000.000 Nominal value of each share: 1.000 TL Market price declared by the Stock Exchange: 12 TL Stock Exchange declares the price of a 1 lot of shares and 1 lot denotes 1000 TL nominal value of shares. What is the market value of the shares we have?

We have those information available to make a calculation. Number of shares: 2.000.000 Nominal value of each share: 1.000 TL Market price declared by the Stock Exchange: 12 TL Stock Exchange declares the price of a 1 lot of shares and 1 lot denotes 1000 TL nominal value of shares. What is the market value of the shares we have?

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter8: Basic Stock Valuation

Section: Chapter Questions

Problem 21MC

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