1. Suppose that Exxon Mobil’s market price most recently was $70.82. The company has 4.43 billion shares outstanding. Calculate the market value in billions of dollars. Do not round at intermediate steps in your calculation. Round to two decimal places. Do not type the $ symbol.
2. Your tech company has really taken off in the last few years, and you are considering next steps. Your Board of Directors has recommended that you explore taking the company public. What are some of the issues you would take into consideration when you explore your options?