Apple corp company book value equity: $80,000,000 net earnings: $50,000,000 Per Share price: $15 No of Share:

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Apple corp company

book value equity: $80,000,000

net earnings: $50,000,000

Per Share price: $15

No of Share: 10,000,000

Question 1) calculate current earnings per share and book value per share 2)The company take advantage of a sudden stock market slump by buying back 25% of its shares at a price of $4 per share by borrowing from banks. Its after-tax cost of debt is 5%. Calculate the company's earnings per share and book value per share if the company proceeded with its plan. Should the company proceed with the buy back? Why

Posted Date: May 17, 2024 05:07 PM

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Apple corp company book value equity: $80,000,000 net earnings: $50,000,000 Per Share price: $15 No of Share:

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