Question
Calculate fully diluted shares using the information below ($ in millions, except per share data; shares in millions) Assumptions Current share price$25 Basic shares outstanding200
Calculate fully diluted shares using the information below
($ in millions, except per share data; shares in millions)
Assumptions
Current share price$25
Basic shares outstanding200
Exercisable options20
Weighted average exercise price$10
The firm will use the option proceeds to repurchase the stoc
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Analysis for Financial Management
Authors: Robert C. Higgins
12th edition
1259918963, 9781260140729 , 978-1259918964
