14. Agency costs (S17-2) Let us go back to Circular Files market value balance sheet: Net working...

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14. Agency costs (S17-2) Let us go back to Circular File’s market value balance sheet:

Net working capital $20 $27 Bonds outstanding Fixed assets 10 3 Common stock Total assets $30 $30 Total value Who gains and who loses from the following maneuvers?

a. Circular scrapes up $5 in cash and pays a cash dividend.

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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Question Posted: Jul 31, 2024 08:02 AM

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14. Agency costs (S17-2) Let us go back to Circular Files market value balance sheet: Net working...

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Principles Of Corporate Finance

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