In 2003, a corporation with a market capitalization of $35.10 billion repurchased corporate stock with a market value of $17.57 million. Approximately what percent of market capitalization was represented by the stock repurchase? (Note: 1 billion = 10^9)
(A) 5%
(B) 2%
(C) 0.5%
(D) 0.2%
(E) 0.05%
[spoiler]Ans : E[/spoiler]
(A) 5%
(B) 2%
(C) 0.5%
(D) 0.2%
(E) 0.05%
[spoiler]Ans : E[/spoiler]
