7. Bluestar Airlines has physical assets valued at , and according to industry experts, the net present

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7. Bluestar Airlines has physical assets valued at , and according to industry experts, the net present value of its future earnings amounts to per share. Assuming there are 1,000,000 outstanding shares, determine the maximum price per share that a buyer will pay in an equity sale if this buyer is thinking about dismantling the company and selling its assets.

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Financial Markets And Institutions

ISBN: 9780134519265

9th Edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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