AMC Corporation currently has an enterprise value (EV) of 340 million and 105 million in excess cash. The firm has 15 m
Posted: Sun Jul 03, 2022 12:53 pm
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 sharerepurchase?
AMC's share price prior to the share repurchase is $_______(round to nearest cent)
AMC's share price prior to the share repurchase is $_______(round to nearest cent)