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A company has a share price of $22.44 and 118 million shares outstanding. Its market - to - book ratio is 4.2, its book debt
A company has a share price of $22.44 and 118 million shares outstanding. Its market - to - book ratio is 4.2, its book debt - equity ratio is 3.2, and it has cash of $800 million. How much would it cost to take over this business assuming you pay its enterprise value? A. $4.64 billion B. $3.9 billion C. $3.09 billion D. $1.9 billion
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