Question
Juniper Stores has 10,671 shares outstanding. The enterprise value of the firm is $1,030,419 and the debt/equity ratio is 1. Juniper wishes to distribute $118,239
Juniper Stores has 10,671 shares outstanding. The enterprise value of the firm is $1,030,419 and the debt/equity ratio is 1. Juniper wishes to distribute $118,239 to shareholders.
What would be the price per share be if the firm does a share repurchase at the market price? Round your answer to two decimal places.
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Mergers Acquisitions And Other Restructuring Activities
Authors: Donald DePamphilis
11th Edition
012819782X, 978-0128197820
