Share Price $ 20.00 EPS $ 3.00 Shares outstanding (million) 10 Book Value $ 25.00 If the company above purchases 1 million shares at $24 what will the book value of the company change to?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter16: Capital Structure Decisions
Section: Chapter Questions
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Share Price $ 20.00 EPS $ 3.00 Shares outstanding (million) 10 Book Value $ 25.00 If the company above purchases 1 million shares at $24 what will the book value of the company change to?

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