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harkovskaia [24]
2 years ago
12

Company X has 20M shares outstanding at $15 per share. Management has announced a 2 for 1 stock split. What would be the new mar

ket cap of the Company X?
Business
1 answer:
dlinn [17]2 years ago
8 0

Answer:

$300 million

Explanation:

Data provided in the question

Number of shares outstanding = 20 million

Value per share = $15

So, by considering the above information, the new market cap of the company X is

= Number of shares outstanding × Value per share

= 20 million × $15 per share

= $300 million

To determine the new market cap, we simply multiplied the number of outstanding shares with the per share so that the exact value could come

         

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Answer:

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Explanation:

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If the managers of HHH Enterprises were to commit to an investment project under consideration, they would obtain 40% of the mon
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Weighted average cost of capital is

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Answer:

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Explanation:

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