MVA Over the years, McLaughlin Corporations stockholders have provided $35,000,000 of capital, when they purchased new issues
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MVA Over the years, McLaughlin Corporation’s stockholders have provided $35,000,000 of capital, when they purchased new issues of stock and allowed management to retain some of the firm’s earnings. The firm now has 2,000,000 shares of common stock outstanding, and the shares sell at a price of $30 per share. How much value has McLaughlin’s management added to stockholder wealth over the years, i.e., what is McLaughlin’s MVA?
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Fundamentals Of Financial Management Concise Edition
ISBN: 9781285065137
8th Edition
Authors: Eugene F. Brigham, Joel F. Houston
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