Question
Firm A has assets of $457,535,551, $50,000,000 of which are cash. It has debt of $161,858,433. If KMS repurchases $23,137,892 of its stock After the
Firm A has assets of $457,535,551, $50,000,000 of which are cash. It has debt of $161,858,433. If KMS repurchases $23,137,892 of its stock After the repurchase, what will its new leverage ratio be ?
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The Handbook Of Energy Trading
Authors: Stefano Fiorenzani, Samuele Ravelli, Enrico Edoli
1st Edition
1119953693, 978-1119953692
