a. Rework Table 14.1, supposing that FedEx now issues 2 million shares at $250 a share. Which

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a. Rework Table 14.1, supposing that FedEx now issues 2 million shares at $250 a share. Which of the figures would change?

b. What would happen to Table 14.1 if instead FedEx bought back 2 million shares at $150 per share?

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Fundamentals of Corporate Finance

ISBN: 978-1260566093

10th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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Question Posted: Oct 25, 2019 08:30 AM

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a. Rework Table 14.1, supposing that FedEx now issues 2 million shares at $250 a share. Which

Question:

Common shares ($.10 par value per share) 32 Additional paid-in capital 3,085 Retained earnings 23,710 Treasury shares at cost (7,576) Other (357) Net common equity $18,894 Note: 800 Authorized shares (millions) 318 Issued shares, of which Outstanding shares 267 Treasury shares 51

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a Par value of common shares will increase by 2million sha...View the full answer

Fundamentals of Corporate Finance

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