8. Firms A and B participate in the same project and share the proceeds evenly. Neither firm has any other projects. Fir
Posted: Sun May 08, 2022 8:53 am
8. Firms A and B participate in the same project and share the proceeds evenly. Neither firm has any other projects. Firm A has a debt of $2 million and 10000 shares outstanding. Each Firm A share is worth $50. Firm B has 5000 shares outstanding and no debt. How much is each share of B worth? Whose theorem did you use to calculate this? [8 marks]