Question
Company ABC: Current stock price $10 per share, 10 mm outstanding common shares. Cash amount $15 mm. Total debt $30 mm. What is the current
Company ABC: Current stock price $10 per share, 10 mm outstanding common shares. Cash amount $15 mm. Total debt $30 mm. What is the current enterprise value for ABC? Answers below are in $mm.
A. 130
B. 125
C. 120
D. 115
E. 105
F. 100
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Fundamentals of Investment Management
Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
