P 17-20 (similar to) Question Help AMC Corporation currently has an enterprise value (EV) of $330 million and $120 million in excess cash The firm has 25 million shares outstanding and no debt Suppose AMC usos is excess cash to repurchase shares Alter the share repurchase, news will come out that will change AMC's enterprise value to other $530 million or $130 million Suppose AMC waits until after the news comes out to do the share repurchase What would AMC's share price be after the repurchase of its enterprise value goes up? What would AMCN share price be after the repurchase if its enterprise value declines? The share price after the repurchase if its enterprise value goes up is $|| (Round to two decimal places) MUS P 17-21 (similar to) Question Help AMC Corporation currently has an enterprise value (EV) of $340 million and $110 million in excess cash The firm has 25 million shares outstanding and no debt Suppose AMC uses its excess cash to repurchase shares. After the share repurchase, nows will come out that will change AMC's enterprise value to either $540 million or $140 million Suppose AMC management expects good news to come out. If management wants to maximce AMC's ultimate share price will they undertake the ropurchase before or after the news comes out? When would management undertake the ropurchase if they expect bad news to come out? To maximize its share price, when will AMC prefer to repurchase shares? (Select the best choice below) DA. Before either good or bad news comes out OB. Before good news and after bad news comes out C. Allor either good or bad news comes out OD. After good news and before bad news comes out