Question
A corporation has a debt with a market value of 300 million and assets with a market value of 700 million. The company has 30
A corporation has a debt with a market value of 300 million and assets with a market value of 700 million. The company has 30 million shares outstanding. What will be the company's share price if it distributes $20million in excess cash as a dividend?
Please help asap
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Personal Finance
Authors: Jack Kapoor
6th Edition
0072350849, 9780072350845
