What is p the stock price afte the recap

Reference no: EM13273799

Mary manufacturing value of operation is equal to 900 million after a recapitization (no debt before recap) mary raised 300 million in new debt and used this to buy back stock. mary had no short term investment s before or after the recap after the recap Wd=1/3. the firm has 28 million shares before the recap. what is P the stock price afte the recap? round answer to nearest cent.

Reference no: EM13273799

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