Question

Assume that the firm's stock price is $21 per share and that at year-end 2021 the firm has 10 million shares outstanding. What is the firm's MVA at year-end 2021? $ ________thousand

Answer 1

The firm's MVA at year-end 2021 is $210,000,000 thousand.

Step-by-step explanation:

The firm's MVA (Market Value Added) at year-end 2021 can be calculated by multiplying the stock price per share by the number of shares outstanding. In this case, the stock price is $21 and the number of shares is 10 million.

Therefore, the firm's MVA at year-end 2021 is $21 per share * 10 million shares = $<<21*10000000=210000000>>210,000,000 thousand.