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Question: In April 2013, General Electric (GE) had a book value of equity of $123.5 billion, 10.1 billion shares outstanding, and a market price of $23.97 per share. GE also had cash of $88.6 billion, and total debt of $396.9 billion.

a. What was GE's market capitalization? What was GE's market-to-book ratio?

b. What was GE's book debt-equity ratio? What was GE's market debt-equity ratio?

c. What was GE's enterprise value?

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