3. Suppose Lincoln has $10M in marketable securities, $100M in liabilities, and 10M shares of stock.What is

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3. Suppose Lincoln has $10M in marketable securities, $100M in liabilities, and 10M shares of stock.What is Lincoln's share price? Marketable Securities ($) 10 Liablilities ($) 100 Lincoln's Price Per Share 9 Shares of stock 10 4.Assume Lincoln has European investors. The original spot rate was $1.1 per 1 Euro.If the spot rate were to change to $0.9 per 1 Euro, what would be the new stock price from the European perspective? Would they be more or less likely to buy Lincoln stock with the change in exchange rate (hint: there are two arguments to be made)?

Posted Date: May 18, 2024 11:08 PM

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3. Suppose Lincoln has $10M in marketable securities, $100M in liabilities, and 10M shares of stock.What is

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