Question
Value of Operations: $20,000 Short Term Investments: $1,500 Debt: $6,250 Shares: 250 The company plans on distributing $1,500 by repurchasing stock. What will the intrinsic
Value of Operations: $20,000
Short Term Investments: $1,500
Debt: $6,250
Shares: 250
The company plans on distributing $1,500 by repurchasing stock. What will the intrinsic per share stock price be immediately after the repurchase?
a. $47.50
b. $50.00
c. $52.50
d. $60.00
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Banking And Finance
Authors: Brian Duignan
1st Edition
1615308946, 978-1615308941
