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A company shares trade for $13 and there are 150 million outstanding. The pink division is pitching a new project to the board of directors
A company shares trade for $13 and there are 150 million outstanding. The pink division is pitching a new project to the board of directors code named Running. Running will require an investment of $225 million, but analysts estimate that the project's NPV is $60 million.
If the project is accepted, then what price do you think the company's shares will trade at?
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