Question
1. Company A has a market capitalization of $2,029,953,638 and 25,069,692 shares outstanding. It plans to distribute $52,844,541 through an open market repurchase. Assuming perfect
1. Company A has a market capitalization of $2,029,953,638 and 25,069,692 shares outstanding. It plans to distribute $52,844,541 through an open market repurchase. Assuming perfect capital markets. What will the price per share of the firm be right before the repurchase?
NOTE: Submit your answers with 4 decimals after the dot. Do not include the "$" sign
2. Company A has a market capitalization of $2,059,415,949 and 21,260,849 shares outstanding. It plans to distribute $71,612,748 through an open market repurchase. Assuming perfect capital markets: How many shares will be repurchased?
NOTE: Submit your answers with 4 decimals after the dot. Do not include the "$" sign
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