Quisco Systems has 6.7 billion shares outstanding and a share price of $ 17.33. Quisco is considering developing a new networking product in house at a cost of $ 505 million. Alternatively, Quisco can acquire a firm that already has the technology for $ 967 million worth (at the current price) of Quisco stock. Suppose that absent the expense of the new technology, Quisco will have EPS of $ 0.75. a. Suppose Quisco develops the product in house. What impact would the development cost have on Quisco's EPS
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Quisco Systems has 6.7 billion shares outstanding and a share price of $ 17.33. Quisco is considerin...
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