Assume that Blaine Kitchenware CEO Victor Dubinski has made the following share repurchase proposal to Blaine’s board of

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answerhappygod
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Assume that Blaine Kitchenware CEO Victor Dubinski has made the following share repurchase proposal to Blaine’s board of

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Assume that Blaine Kitchenware CEO Victor Dubinski has made thefollowing share repurchase proposal to Blaine’s board ofdirectors:
Blaine will use $209 million of cashfrom its balance sheet and $50 million in new debt-bearing interestat the rate of 6.75% to repurchase 14.0 million shares at a priceof $18.50 per share.
You have subsequently been hired as a consultant by the membersof Blaine’s board of directors to assess the advantages anddisadvantages of this proposal and to provide a recommendation tothe board about whether or not to approve this proposal. Write abrief report providing your recommendation, answering the followingquestions along the way:
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