Kraly Inc. has 180 million shares outstanding, with a current stock price of $46.69.

Attempt 1/10 for 5.5 pts.

Part 1

What is the market value of equity (in $ million)?

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Attempt 1/10 for 5.5 pts.

Part 2

If the company repurchases 27 million shares at the current stock price, what is the market value of equity after the repurchase? Ignore taxes, transaction costs and signalling effects.

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Attempt 1/10 for 5.5 pts.

Part 3

What is stock price after the stock repurchase?

Submit

Attempt 1/10 for 5.5 pts.

Part 4

If the company issues an additional 27 million shares at the current market price instead of the repurchase, what is the new market value of equity (in $ million)? Ignore taxes, transaction costs and signalling effects.

Submit

Attempt 1/10 for 5.5 pts.

Part 5

What is stock price after the stock issuance?