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Book value of common stockholders' equity of FedEx, May 31, 2020 (figures in $ millions) Required: a. Suppose that FedEx now issues 6 million shares
Book value of common stockholders' equity of FedEx, May 31, 2020 (figures in \$ millions) Required: a. Suppose that FedEx now issues 6 million shares at $140 a share. Update the table below with the new values. b. What would happen to the book value of common stockholders' equity if instead FedEx bought back 6 million shares at $140 per share? Complete this question by entering your answers in the tabs below. Suppose that FedEx now issues 6 million shares at $140 a share. Update the table below with the new values. Note: Negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to 1 decimal place. Book value of common stockholders' equity of FedEx, May 31, 2020 (figures in \$ millions) Required: a. Suppose that FedEx now issues 6 million shares at $140 a share. Update the table below with the new values. b. What would happen to the book value of common stockholders' equity if instead FedEx bought back 6 million shares at $140 share? Complete this question by entering your answers in the tabs below. What would happen to the book value of common stockholders' equity if instead FedEx bought back 6 million shares at $140 per share? Note: Negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to 1 decimal place
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