Edmund Enterprises recently made a large investment to upgrade its technology. While these improvements wont have much

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Edmund Enterprises recently made a large investment to upgrade its technology. While these improvements wont have much effect on performance in the short run, they are expected to reduce future costs significantly. What effect will this investment have on Edmund Enterprises earnings per share this year? What effect might this investment have on the companys intrinsic value and stock price?
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Fundamentals of Financial Management

ISBN: 978-0324664553

Concise 6th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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