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Business, 18.12.2019 03:31 carson5238

The jean outlet is an all-equity firm that has 152,000 shares of stock outstanding. the company has decided to borrow $1.1 million to repurchase 7,500 shares of its stock from the estate of a deceased shareholder. what is the total value of the firm if you ignore taxes? a. $18,387,702b. $19,666,667c. $22,293,333d. $18,500,000e. $21,413,333

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