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ABC corporation currently has 120,000 shares outstanding with a market value of $8,000,000. Recently the company considered a project which requires the purchase of a
ABC corporation currently has 120,000 shares outstanding with a market value of $8,000,000. Recently the company considered a project which requires the purchase of a $510,000 equipment. The net present value of the project is $250,000. What will the new market value per share be after the project is implemented? A) $65.33
B) $69.73
C) $68.63
D) $67.53
E) $66.43
*please answer soon, will give thumbs up
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