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A company is considering a new project with a net present value of $19,790 and an initial cash outlay for fixed assets of $95,050. The
A company is considering a new project with a net present value of $19,790 and an initial cash outlay for fixed assets of $95,050. The company is planning on funding this project by selling 2,010 new common shares. Currently, there are 35,620 common shares outstanding, and the book value per share is $23.70. What will be the new book value per share if this project is implemented? Question options: $24.34 $24.96 $25.58 $26.21 $26.83
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