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A company has a share price of $23.19 and 120 million shares outstanding. It's market-to-book ratio is 4.2, it's book debt-equity ratio (i.e., book
A company has a share price of $23.19 and 120 million shares outstanding. It's market-to-book ratio is 4.2, it's book debt-equity ratio (i.e., book debt / book equity) is 3.2, and it has cash of $850 million. Approximately how much would it cost to buy this business assuming you pay its enterprise value?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
