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Business, 20.12.2019 21:31 annadel4547

The greenbriar is an all-equity firm with a total market value of $551,000 and 21,700 shares of stock outstanding. management is considering issuing $153,000 of debt at an interest rate of 9 percent and using the proceeds on a stock repurchase. ignore taxes. how many shares will the firm repurchase if it issues the debt securities?

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