Business, 18.08.2021 17:40 chanavictor2747

Horizon Landscape currently has 62,000 shares of stock outstanding and no debt. The price per share is $18.50. The firm is considering borrowing funds at 7 percent interest and using the proceeds to repurchase 12,000 shares of stock. Ignore taxes. How much is the firm borrowing

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Horizon Landscape currently has 62,000 shares of stock outstanding and no debt. The price per share...