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XBros Industries has no cash and a debt obligation of $ 3 4 , 2 4 million that is now due. The market value of
XBros Industries has no cash and a debt obligation of $ million that is now due. The market value of XBros's assets is $ million, and the firm has no other liabilities. Assume perfect capital markets; suppose XBros has $ million shares outstanding. What is XBros's current share price?
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Financial Markets And Institutions
Authors: Jeff Madura
13th Edition
0357130790, 978-0357130797
