In 2018, Mastercard Incorporated had a market capitalization of $200 billion, debt of $6.5 billion, cash of
Question:
In 2018, Mastercard Incorporated had a market capitalization of $200 billion, debt of
$6.5 billion, cash of $8.2 billion, and EBIT of over $7 billion. If Mastercard were to increase its debt by $1 billion and use the cash for a share repurchase, which market imperfections would be most relevant for understanding the consequence for Mastercard’s value? Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: