Question: Green box is solutions. Explain how to get to the solutions. C requires a written answer. Answer using EXCEL please hattting Corp is trading at
Green box is solutions. Explain how to get to the solutions. C requires a written answer. Answer using EXCEL please
hattting Corp is trading at $65.00 per share. The company is now considering a recapitalization. It wants to add $100 million of debt and would nticipate keeping the debt for a long time. The cost of debt is estimated to be 6.5%. CHATTING would use the debt to issue a dividend to hareholders or repurchase shares. Remember that CHATTING has 70.6 million shares outstanding and its tax rate is 20%
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