A company with $3,000m in face value debt trading at par, $500m in face value debt trading
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Question:
A company with $3,000m in face value debt trading at par, $500m in face value debt trading at 60, and a share price with a book value of $3,000m currently trading at near $2/share (200m shares outstanding). The company has $200m in cash. What is the implied enterprise value based on market values of debt and equity?
Please enter your answer excluding commas, the $ sign and millions (for example: 2000).
Related Book For
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
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