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Author Question: A firm has $400 million of assets that includes $50 million of cash and 10 million shares ... (Read 95 times)

oliviahorn72

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on: Jul 9, 2019
A firm has $400 million of assets that includes $50 million of cash and 10 million shares outstanding.  If the firm uses $40 million of its cash to repurchase shares, what is the new price per share?
◦ $40
◦ $42
◦ $38
◦ $44
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
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Marked as best answer by oliviahorn72 on Jul 9, 2019

kaillie

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Reply #1 on: Jul 9, 2019
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.
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oliviahorn72

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Reply 2 on: Jul 9, 2019
YES! Correct, THANKS for helping me on my review

meow1234

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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