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Since Schwab and KN are still moving pieces around, assume that 30% of the initial share distribution belongs to current stockholders and 70% are new
Since Schwab and KN are still moving pieces around, assume that 30% of the initial share distribution belongs to current stockholders and 70% are new shares. How might this choice affect the earnings per share at the IPO? What will the initial market price of the stock be? Assume the same price-earnings ratio
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Financial Management Principles And Practice
Authors: Timothy Gallagher
7th Edition
0996095462, 978-0996095464
