Concord Ltd currently has no debt The company's market cap is $8m and it has 400,000 shares outstanding The CFO has proposed that the company issues 8 bonds worth $2m and the money used to buy back shares Current year's EBIT is $1m Ignore taxes What is the new EPS and DFL Concord Ltd currently has...

First lets calculate the new number of shares outstanding after the buyback If the company uses the ...

Concord Ltd currently has no debt. The company's market cap is $8m and it has 400,000...

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Fundamentals Of Corporate Finance

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