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Sved River Crulses is Current Data 18e, 838 Number of shares Price per share Market value of shares $1,080, 030 state of the Economy slurp
Sved River Crulses is Current Data 18e, 838 Number of shares Price per share Market value of shares $1,080, 030 state of the Economy slurp profits before interest 71,50 118,03e 179, 583 suppose it now issues 2500 of debt at an interest rate of 10% and uses the proceeds to repurchase 25 000 shares. Assume t the firm pays no taxes and that debt finance has no impact on firm value. Refer to the above table to compute the missing data. (Do not round intermediate clculations. Round Earnings per share" to 3 decimal places. Enter "Return on shares" as a percent rounded to 2 decimal places.) Numbor at shares Price per share Market value of shares Market value of debt State of the Economy Slunsp 179,500 71.500 Equity eamings Eamings per share Return on shares Expected Ouicome s Prex 1 or 8 Next>
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