Question
A corporation has 5 million shares outstanding. Using the following information, calculate the value per share. DCF of operations = $780m Excess cash reserves =
A corporation has 5 million shares outstanding. Using the following information, calculate the value per share.
DCF of operations = $780m
Excess cash reserves = $60m
Bonds = $333m
Capitalized operating leases = $11m
The value per share is closest to:
| a. | $101.0 | |
| b. | $97.4 | |
| c. | $85.4 | |
| d. | $99.2 |
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Fundamentals Of Corporate Finance
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
6th Edition
9780072553079
