$8$

MC algo $16-16$ M&M Proposition I

$4$

Gulf Shores Inn is comparing two separate capital structures. The first structure consists of $340,000$ shares of stock and no debt. The second structure consists of $300,000$ shares of stock and $$2\mathrm{.}10$ million of debt. What is the price per share of

Multiple Choice

$$64\mathrm{.}62$

References

$$55\mathrm{.}00$

$$67\mathrm{.}85$

$$60\mathrm{.}00$

Mc

Graw

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