Question
1. Company A has a market capitalization of $1,250,634,621 and 30,323,267 shares outstanding. It plans to distribute $53,851,921 through an open market repurchase. Assuming perfect
1. Company A has a market capitalization of $1,250,634,621 and 30,323,267 shares outstanding. It plans to distribute $53,851,921 through an open market repurchase. Assuming perfect capital markets: What will the price per share of the firm be right before the repurchase?
NOTE: Submit your answers with 4 decimals after the dot.
2. Company A has a market capitalization of $1,536,829,252 and 26,283,506 shares outstanding. It plans to distribute $60,429,386 through an open market repurchase. Assuming perfect capital markets: How many shares will be repurchased?
NOTE: Submit your answers with 4 decimals after the dot.
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