How many shares will remain after the repurchase

Assignment Help Finance Basics
Reference no: EM13273842

Stock Repurchase A firm has 20 million shares outstanding with a market price of $25 per share. The firm has $10 million in extra cash (short-term investments) that it plans to use in a stock repurchase; the firm has no other financial investments or any debt. What is the firm's value of operations after the repurchase? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answer to two decimal places.

How many shares will remain after the repurchase?

 

Reference no: EM13273842

Questions Cloud

What is counts unlevered beta : Unlevered Beta Counts Accounting has a beta of 1.10. The tax rate is 35%, and Counts is financed with 35% debt. What is Counts' unlevered beta? Round your answer to two decimal places.
What is the magnitude of charge picked up by the particle : Two concentric cirlces have radii of 5cm and 48mm. A particle traveling at 0.25 m/s smashes into the inner surface of the outer sphere. If the potential of the spherical capacitor is 50 V, what is the magnitude of charge picked up by the particle
Calculate critical frequency for the input low pass network : Calculate: Critical frequency for the input low pass network, and the output low pass network, estimate the values for Cbe, Cjc, Cbc, and Cje. Concider the resistance of the signal sourceRs to be equal to the 1 ohm resister in series with the source.
How many shares will remain after the repurchase : Round your answer to two decimal places. How many shares will remain after the repurchase? Round your answer to the nearest whole number.
How many shares will remain after the repurchase : Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answer to two decimal places.
What is the probability that the third failure will occur : An electronic circuit board with lambda(t) = 0.00021 h^-1 is replaced on failure. What is the probability that the third failure will occur by 10000h ( hint: if there were 4 0r more failures by 10000h, that also means there were 3 failures by 1000..
Explain a balanced chemical equation that shows the reaction : Write a balanced chemical equation that shows the reaction that occurs when an aqueous solution of BaCl2 reacts with an aqueous solution of Na2SO4 to form aqueous sodium chloride and solid BaSO4. In your equation, you should indicate the physical ..
Calculate the two projests mirr : Calculate the two projests MIRR's. ARound your answers to two decimal places. Project X = %; Project Y = %. Which project has the higher MIRR?
What is the maximum gain for nmos fets linear operation : Given two NMOS FETs having (kn'/2)(W/L) = (3 KW)^-1 and Vt = 3V. Using a single 10V dc power supply, design a differential pair amplifier having 1mA bias current in each transistor. What is its maximum gain for linear operation (balanced input, ba..

Reviews

Write a Review

Finance Basics Questions & Answers

  What was the total cost to firm of issuing the securities

The firm's stock price increased 17.5 percent on the first day. What was the total cost to the firm of issuing the securities?

  What does the term sustainable growth rate mean

What does the term Sustainable Growth Rate mean? Would the amounts you have calculated in parts b. to d. equal the Sustainable Growth Rate for the firm?

  Foreign exchange and investment decisions

There has been huge growth in foreign exchange investment of average investors, for example, stay at home or working from home moms. Describe 3 to 5 major factors which require to be considered in making foreign exchange (currency) investment deci..

  Find the earnings available for common stockholders

At the end of 2005, the Long Life Light Bulb Corporation declared it had produced a gross profit of $1 million. The company has also established that over the course of this year it has incurred $345,000 in operating costs and $125,000 in interest co..

  Find the portfolio weights

Assumee the market portfolio has an expected return of 10% and a volatility of 20%, while Microsoft's stock has a volatility of 30 percent.

  Compute break-even point and margin of safety ratio

Poole Company has collected the following data after its first year of sales. Net sales were $1,600,000 on 100,000 units; selling expenses $240,000; direct materials $511,000; direct labor $285,000;

  Case write-up - montefiore medical center

Based upon the activities of the hospital's Heart Center construct a professionally presentable sample excel spreadsheet template.

  Calculate the weighted cost of the capital of this project

Assume the following facts about a firm's financing in the next year. Calculate the weighted cost of the capital of this project

  Determine the value of each investment

CBS bond with a par value of $1,000, an interest rate of 7.625%, and a maturity of ten years The bond is selling for $986. Determine the value of each investment based on your required rate of return.

  Financial module supplementary questions

Determine the total amount of interest earned by Investment Option C over the five-year period - Find the new amount deposited at the end of each month for the remaining three years.

  How many additional shares will you obtain

Find your holding period return, assuming the dividends and capital gains were reinvested as indicated in the previous part. Express your answers as a percent rounded to two decimal places.

  Determine the amount in the acount

You have $2,000 invested in a bank account that pays a 4% nominal annual interest with daily compounding. How much money will you have in the account in 132 days from today?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd