Question
A company has a share price of $24.82 and $113 million shares outstanding. Its market-to-book ratio is 4.2, its book debt-equity ratio is 3.2, and
A company has a share price of $24.82 and $113 million shares outstanding. Its market-to-book ratio is 4.2, its book debt-equity ratio is 3.2, and it has cash of $850 million. How much would it cost to take over this business assuming you pay its enterprise value?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
8th Edition
1264098723, 978-1264098729
