A company has a current value of operations of $800 million, and it holds $100 million in

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A company has a current value of operations of $800 million, and it holds $100 million in short-term investments. If the company has $400 million in debt and has 10 million common shares outstanding, what is the estimated price per share?

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Intermediate Financial Management

ISBN: 9781337395083

13th Edition

Authors: Eugene F. Brigham, Phillip R. Daves

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