12.12. In Example 12.11, assuming that the stock per share and the firms operations do not change...

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12.12. In Example 12.11, assuming that the stock per share and the firm’s operations do not change as a consequence of the leveraged recapitalization

a. Identify the dividend yield both before and after the leveraged recapitalization.

b. Identify after the leveraged recapitalization.

c. Identify g after the leveraged recapitalization.

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Financial Markets And Corporate Strategy

ISBN: 9780071157612

2nd Edition

Authors: Mark Grinblatt, Sheridan Titman

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