This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Kaiser Shipyards Inc. is San Francisco-based ship builder which specializes in Liberty and Victory ... (Read 23 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: Apr 25, 2021
Kaiser Shipyards Inc. is San Francisco-based ship builder which specializes in Liberty and Victory class cargo ships. The CEO, Henry Kaiser, wants to distribute $1B of cash using an open market stock repurchase. Assume that the company repurchases 11.650% of shares outstanding at a price of $62.725. What is the stock price after the repurchase?

Kaiser Shipyards Inc.
Selected Financial Information
Stock Price$62.725
Cash$1,000M
Market Capitalization$9,408.75M
Shares Outstanding150M
Debt$0

◦ $62.725
◦ $63.650
◦ $64.878
◦ $78.725
◦ $81.200
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rosent76 on Apr 25, 2021

Pamela.irrgang@yahoo.com

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 26% of students answer this correctly


rosent76

  • Member
  • Posts: 516
Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it

nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Phylogeny based on the FIT2 gene Phylogeny based on the FIT2 gene
Model for evidence-based clinical decision making. Model for evidence-based clinical decision making.
Anatomy of the heart. Remember: It is labeled right and left based on the patient’s perspective. Anatomy of the heart. Remember: It is labeled right and left based on the patient’s perspective.
Nursing: A Concept-Based Approach to Learning, Volume I Nursing: A Concept-Based Approach to Learning, Volume I
Genome-wide SNP-based heritability for individual behavioral disorders Genome-wide SNP-based heritability for individual behavioral disorders
Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ... Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ...
Video: The pH scale - Strong acids and Weak acids

For a complete list of videos, visit our video library