A company's shares are trading at $0.79. There are 600 million shares in issue and it has $200 million of debt. The company has $5 million in cash and owns $65 million of cash equivalent. The bank debt has a finance cost of 6% and the securities have a return of 5%. 

Calculate the enterprise value for this company.

Answer rating: 100% (QA)

Answer Enterprise value Equity Value Total debt ... View the full answer