So this is interesting.

They probably took some fees or sold the loans for slightly more than they issued the loans for.

He's a stockbroker.

Face value

It is a customary contraction like our

'Company.' It is a customary contraction like our

Money Format

goodness.

SCOTT Inc.'s stocks are blue chip stocks.

Stockbroker.

Stockbroker?

Par value

limited liability with corporations, the correct market capitalization would be minus 1 billion.

And you?

Format Money

It's actually horrible.

They've never made money.

And all of that's great, and it's fine.

And equity securities you're probably familiar with.

What do you know about his personal life?

So that could be a bond certificate.

And maybe this guy's even growing faster, so maybe they're being conservative by only giving this guy a 10 price to earnings.

Well, what's the market cap?

1,000 face value.

So the shareholders' equity, or you could almost say the book value of the equity of the company, is 5 million. 5 million equity.

So... what do we need to make this work?

So let's say this company has let me do it in mauve so this company's shares, let's say it has 1 million shares.

Now what I have here is one of the checks that we've got

So we just pick an arbitrary number.

If I had to ask you, In 2005 what was the best performing stock market or stock exchange in the world? Would Egypt come to mind?

The stock market tumbled.

Sometimes called the market cap.

Then, you can buy back the stock

I think they're CFC.

So essentially, whoever lent Loan C, all of these shares are now their shares.

And this calculation, this multiplication of market price per share times the number of shares this is called the market cap

If I buy a share of IBM a lot of people say, oh, I saved I saved my money,

That's actually very interesting when a lot of people compare well, actually I won't go into stock returns and things.

And they can say like, this VC can say oh, you know what?

let's say you owe 800,000 on your loan.

And it happens to be at a time let's say it's 1999.

It's dubai.The market is just opening there. I'm sorry.Excuse me,please.

And then what's left over, which is essentially so this is 2 million of equity, and then you'd have 2 million of equity here this 2 million of new equity, right?

Yesterday's turnover on the stock market was 500 million shares.

So what they do is they just take your earnings number and you divide by the number of shares.