Question
Aki Corporation currently has 70,000 shares outstanding with a market value of $840,000. Recently the company considered a project which requires the purchase of a
Aki Corporation currently has 70,000 shares outstanding with a market value of $840,000. Recently the company considered a project which requires the purchase of a $375,000 equipment. The net present value of the project is $50,000. What will the new market value per share be after the project is implemented?
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Fundamentals Of Financial Management
Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston
11th Edition
1111795207, 9781111795207
