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Ryan Air has 8 0 0 , 0 0 0 shares outstanding, which are trading for $ 2 3 . 6 3 per share. Using

Ryan Air has 800,000 shares outstanding, which are trading for $23.63 per share. Using the firm's required rate of return of 16 percent, a project has an NPV of $262,000. All else constant, if the project is accepted, the stock price per share would be expected to: fall to $23.34. rise to $23.92. rise to $27.65. rise to 23.96. fall to $19.62.

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