Ford, Inc.'s enterprise value is $64 000 000, the market value of its debt is $18 000 000 and the company does not have any preferred shares outstanding. If the company has3 000 000 shares outstanding, what should be Ford Inc's share price? $13.78 $10.98 $15.34 $12.87

Answer rating: 100% (QA)

To calculate the share price of Ford Inc we need to subtract the market value of debt from the ... View the full answer