AMC Corporation currently has an enterprise value​ (EV) of 340 million and 105 million in excess cash. The firm has 15 m

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answerhappygod
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AMC Corporation currently has an enterprise value​ (EV) of 340 million and 105 million in excess cash. The firm has 15 m

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AMC Corporation currently has an enterprise value​ (EV) of 340million and 105 million in excess cash. The firm has 15 millionshares outstanding and no debt. Suppose AMC uses its excess cash torepurchase shares. After the share​ repurchase, news will come outthat will change​ AMC's enterprise value to either 540 million or140 million. What is​ AMC's share price prior to the share​repurchase?
AMC's share price prior to the share repurchase is $_______(round to nearest cent)
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