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A company's Book Value is $100 million, with 2 million shares outstanding. Its market value is 20% above book value. 2 points each 1) What
A company's Book Value is $100 million, with 2 million shares outstanding. Its market value is 20% above book value. 2 points each 1) What is its price per-share? Suppose the company issues 100 thousand additional shares, which required a decline in price per-share of 8%. Calculate: 2) New market value 3) New book value 4) New book value per-share
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