XYZ Firm is an all-equity firm that has 162,000 shares of stock outstanding. The company has...

Question

Question

Answer 1

Answer #1

The Repurchase value of 7000 shares is $1.3 million

So, the value of one share = $1,300,000/ 7000

= $185.7143

So, total no. of shares that the company has =162000

So, the value of the company= 162000 shares * $185.7143/share

=$ 30,085,714 (option D)

Answer 2

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