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Question 15 2 pts KMS Company has a market capitalization of $800 million and $25 million shares outstanding. It plans to distribute $160 million through
Question 15 2 pts KMS Company has a market capitalization of $800 million and $25 million shares outstanding. It plans to distribute $160 million through an open market repurchase. Assuming perfect capital markets: a. What will be the price per share of KMS right before the repurchase? Answer: The price per share of KMS right before the repurchase is $ (Round to the nearest cent.) b. How many shares will be repurchased? Answer: The number shares to be repurchased is million. (Round to two decimal places.) c. What will be the price per share of KMS right after the repurchase? Answer: The price per share of KMS right after the repurchase is $ (Round to the nearest cent.) Question 15 2 pts KMS Company has a market capitalization of $800 million and $25 million shares outstanding. It plans to distribute $160 million through an open market repurchase. Assuming perfect capital markets: a. What will be the price per share of KMS right before the repurchase? Answer: The price per share of KMS right before the repurchase is $ (Round to the nearest cent.) b. How many shares will be repurchased? Answer: The number shares to be repurchased is million. (Round to two decimal places.) c. What will be the price per share of KMS right after the repurchase? Answer: The price per share of KMS right after the repurchase is $ (Round to the nearest cent.)
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