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Business, 27.08.2019 00:30 robrod75

Charleston mills is an all-equity firm with a total market value of $221,000. the firm has 8,000 shares of stock outstanding. management is considering issuing $50,000 of debt at an interest rate of 7 percent and using the proceeds on a stock repurchase. ignore taxes. how many shares can the firm repurchase if it issues the debt securities

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Charleston mills is an all-equity firm with a total market value of $221,000. the firm has 8,000 sha...

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