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Business, 24.05.2021 08:20 naomicervero

Dangerfield Industrial Corporation is investing $600 million in its manufacturing unit. Dangerfield has 200 million share of common stock outstanding with a current market price of $32 per share. The present value of future after tax flows is estimated to be $850 million and is an independent project. Find out the effect of this new project information on the value of firm and share price?

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Dangerfield Industrial Corporation is investing $600 million in its manufacturing unit. Dangerfield...
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