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What will the new book value per share

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Question - A company has 75,000 shares of stock outstanding, with a book value of $900,000 and a market value of $1,320,000. The firm is considering a project that requires the purchase of $130,000 in fixed assets and has a net present value of $7,500. The project would be all-equity financed through the sale of shares. What will the new book value per share be after the project is implemented?

Reference no: EM132470032

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