Question
All the results that is in chegg in regard this specific question are wrong, May somebody help me to do it step by step Corporation
All the results that is in chegg in regard this specific question are wrong, May somebody help me to do it step by step
Corporation A currently has an enterprise value of $357,026,875 and $87,708,572 in excess cash. The firm has 8,175,798 shares outstanding and no debt. Suppose the firm uses its excess cash to repurchase shares. After the share repurchase, news will come out that will change AMCs enterprise value to either $566,987,963 or $275,556,671
What would the firm's share price be after the repurchase if its enterprise value goes up and down?
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