Question
Harper Industries has $800 million of common equity on its balance sheet; its stock price is $32 per share; and its market value added (MVA)
Harper Industries has $800 million of common equity on its balance sheet; its stock price is $32 per share; and its market value added (MVA) is $150 million. How many common shares are currently outstanding? Write out your answer completely. For example, 5 million shares should be entered as 5,000,000. Round your answer to the nearest whole number, if necessary.
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The Oxford Handbook Of Computational Economics And Finance
Authors: Shu-Heng Chen, Mak Kaboudan, Ye-Rong Du
1st Edition
0199844372, 978-0199844371
