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aeropa84 aeropa84
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A month ago
Northwest Territories Bikini Company has cash flows from operations of $150 million and needs $125 million for investment purposes. Assume the firm has 15 million shares outstanding and its shares are presently trading at $15 per share. If the M&M conditions hold, what is the price per share after paying a $3 per share dividend?

▸ $15

▸ $18

▸ $12

▸ $13.67
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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lnvolley24lnvolley24
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A month ago
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