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The Metallic a Heavy Metal Mining (MHMM) Corporation wants to diversify its operations Some recent financial information for the company is shown here: MHMM is
The Metallic a Heavy Metal Mining (MHMM) Corporation wants to diversify its operations Some recent financial information for the company is shown here: MHMM is considering an investment that has the same PE ratio as the firm. The cost of the investment is $750,000. and it will be financed with a new equity issue. present (Round your answer to 2 decimal The ROE on the investment would have to be places, (e.g., 32.16)) if we wanted the price after the offering to be $30 per share (assume the PE ratio still
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