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AMC Corporation currently has an enterprise value of $ 3 1 0 million and $ 1 0 0 million in excess cash. The firm has
AMC Corporation currently has an enterprise value of $ million and $ million in excess cash. The firm has million shares outstanding and no debt. Suppose AMC uses its excess cash to repurchase shares. After the share repurchase, news will come out that will change AMC's enterprise value to either $ million or $ million.
What is AMC's share price prior to the share repurchase?
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AMCs share price prior to the share repurchase is $
Round to the nearest cent.
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