Business, 13.12.2019 21:31 cakecake15
Stryder, inc., has 3 million shares outstanding at a current price of $15 per share. the book value of the shares is $10 per share. the firm also has $30 million in par value of bonds outstanding. the bonds are selling at a price equal to 101 percent of par. what is the market value of the firm?
a) $30.0 million
b) $45.0 million
c) $75.0 million
d) $75.3 million
Answers: 3
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Stryder, inc., has 3 million shares outstanding at a current price of $15 per share. the book value...
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