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BIGAP is a technology company, funded entirely by equity. Each of the 20 million BIGAP shares is worth 10 . The CEO of BIGAP is
BIGAP is a technology company, funded entirely by equity. Each of the 20 million BIGAP shares is worth 10 . The CEO of BIGAP is convinced that the shares are undervalued and that the real price of the shares is 13 . The CEO takes the opportunity to buy 4 million shares What will be the gain per share for long-term shareholders (relative to the true share price) due to this share buyback
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Advanced Financial Risk Management Enterprise Wide Risk Management In Theory And Practice
Authors: Donald Van Deventer, Kenji Imai, Mark Mesler
3rd Edition
1547416157, 9781547416158
