Dye Trucking raised $150 million in new debt and used this to buy back stock. After the

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Dye Trucking raised $150 million in new debt and used this to buy back stock. After the recap, Dye’s stock price is $7.50. If Dye had 60 million shares of stock before the recap, how many shares does it have after the recap?

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Financial management theory and practice

ISBN: 978-1439078099

13th edition

Authors: Eugene F. Brigham and Michael C. Ehrhardt

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Question Posted: Oct 14, 2011 10:51 AM

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Dye Trucking raised $150 million in new debt and used this to buy back stock. After the

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Financial management theory and practice

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