Company A is only equity financed and it has 1m outstanding shares at $40 per share. Management believes that market undervalues assets/projects. They think projects and assets are worth 60m. So they issue 15m of bonds to buy back outstanding shares.1. If market ignores signal of management, what is share price and number of shares?2. What is the true share price after the repurchasing? ...
Pending
Accounting & Economics Assignment Help
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Finance
02 Jun 2022
Expiry Date: 03 Jun 2022
