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Business, 09.08.2019 21:30 flelea

Afirm has a market value equal to its book value. currently, the firm has excess cash of $300 and other assets of $6,200. equity is worth $5,000. the firm has 500 shares of stock outstanding and net income of $720. what will the new earnings per share be if the firm uses its excess cash to complete a stock repurchase?

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Afirm has a market value equal to its book value. currently, the firm has excess cash of $300 and ot...
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