Question
ABC limited as on 1st January 2020,market captlization was $140000,preference share $30000,debt$40000,cash balance $5000.no outstanding share of ABC limited as of date has been 2000
ABC limited as on 1st January 2020,market captlization was $140000,preference share $30000,debt$40000,cash balance $5000.no outstanding share of ABC limited as of date has been 2000 and EBITDA was $25000.The company expect that on 1st january2021,EBITDA will be $40000,debt my be $50000 and cash balance to $6000. Preference share shall remain same.During year company shall issue 200 new share.Calculate price of its share as on 1st January 2021.
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Foundations Of Financial Management
Authors: Stanley B Block, Geoffrey A Hirt
12th Edition
0073295817, 9780073295817
