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Author Question: Cash-2-Day Company currently trades for $20. Analysts regard it as fairly valued at its current ... (Read 20 times)

Redwolflake15

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on: Apr 25, 2021
Cash-2-Day Company currently trades for $20. Analysts regard it as fairly valued at its current price. The company has announced that it intends to spend $200.10 million on an open market repurchase. Assume that the company is able to repurchase shares at a price of $15. There are 400 million shares outstanding prior to the repurchase. What fraction of shares does the company repurchase?
◦ 3.34%
◦ 4.35%
◦ 5.35%
◦ 6.35%
◦ 7.35%
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Marked as best answer by Redwolflake15 on Apr 25, 2021

Cheesycrackers

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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.
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Redwolflake15

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

yeungji

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Reply 3 on: Yesterday
Excellent

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