Nobio Inc.'s enterprise value is $8 million. Nobio has debt outstanding in the form of 1,000...
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Nobio Inc.'s enterprise value is $8 million. Nobio has debt outstanding in the form of 1,000 bonds currently priced at $1,049 each. Nobio also has excess cash of $2 million on the balance sheet. If Nobio has 198,158 shares outstanding, what is the estimated price per share? Nobio Inc.'s enterprise value is $8 million. Nobio has debt outstanding in the form of 1,000 bonds currently priced at $1,049 each. Nobio also has excess cash of $2 million on the balance sheet. If Nobio has 198,158 shares outstanding, what is the estimated price per share?
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Related Book For
Entrepreneurial Finance
ISBN: 978-0538478151
4th edition
Authors: J . chris leach, Ronald w. melicher
Posted Date:
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