You bought Eagles , Inc. for $10 per share 15 years ago. You never sold any shares.
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Question:
You bought Eagles, Inc. for $10 per share 15 years ago. You never sold any shares. Today, it has 100mm shares authorized, 50mm shares issued and 30mm in treasury shares. The market value of the equity today is $600mm. It has never paid dividends. Assume a tax rate of 25%. ( be specific)
What is the CAGR on your investment? |
Assuming you never sold any shares, what taxes have you paid? |
You originally bought 1000 shares and sell them all today, what are your net proceeds after tax? |
Related Book For
Financial Accounting A User Perspective
ISBN: 978-0470676608
6th Canadian Edition
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
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