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A company has a share price of $22.80 and $118 million shares outstanding. Itsmarket-to-book ratio is4.2, its bookdebt-equity ratio is3.2, and it has cash of
A company has a share price of $22.80 and $118 million shares outstanding. Itsmarket-to-book ratio is4.2, its bookdebt-equity ratio is3.2, and it has cash of $750 million. How much would it cost to take over this business assuming you pay its enterprisevalue?
A.
$3.19 billion
B.
$4.79 billion
C.
$2.00 billion
D.
$4.00 billion
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