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AMC Corporation currently has an enterprise value of $340 million and $110 million in excess cash. The firm has 25 million shares outstanding and no

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AMC Corporation currently has an enterprise value of $340 million and $110 million in excess cash. The firm has 25 million shares outstanding and no debt. Suppose AMC uses its excess cash to repurchase shares. After the share repurchase, news will come out that wil change AMC's enterprise value to either $540 million or $140 million. What is AMC's share price after the repurchase if its enterprise value goes up? What is AMC's share price after the repurchase if its enterprise value declines? Suppose the stock of Host Hotels \& Resorts is currently trading for $24 per share. a. If Host issued a 25% stock dividend, what would its new share price be? b. If Host does a 3:2 stock split, what would its new share price be

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