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shareholders via a stock repurchase; the firm has no other nonoperating assets. It has $365 million in debt and $59 million in preferred stock. a.
shareholders via a stock repurchase; the firm has no other nonoperating assets. It has $365 million in debt and $59 million in preferred stock. a. What is the value of operations? Enter your answer in millions. For example, an answer of $1.23 million should be entered as 1.23, not 1,230,000. Round your answer to two decimal places. $ million $ million c. Immediately prior to the repurchase, what is the intrinsic stock price? Round your answer to the nearest cent. per share million shares million shares $ million The intrinsic stock price? Round your answer to the nearest cent. $ per share
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