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Your job Consider a concrete payout program... . Assume BBBY combines: 1) use $400 million excess cash and 2) borrow funds (at 4.5%) to do
Your job Consider a concrete payout program... . Assume BBBY combines: 1) use $400 million excess cash and 2) borrow funds (at 4.5%) to do a share repurchase . Under the above program, compute the PV ...
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