Ejh company has a market capitalization of 24 billion and, Ask an Expert

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EJH Company has a market capitalization of ?$2.4 billion and 15 million shares outstanding. It plans to distribute ?$85 million through an open market repurchase. Assuming perfect capital? markets:

a. What will the price per share of EJH be right before the? repurchase?

b. How many shares will be? repurchased?

c. What will the price per share of EJH be right after the? repurchase?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92784741

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