Question: Time left 0 : 1 6 : 4 5 Ashford, Inc. is an all - equity firm that has 7 1 0 , 0 0

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Ashford, Inc. is an all-equity firm that has 710,000 shares of stock outstanding. The company las decided to borrow the $2,625,000 to repurchase 150,000 shares of its outstanding stock.
Hide Vhat is the total market value of the firm if you ignore taxes?
lect one:
a. $12,425,000
b. $13,667,500
c. $13,046,260
d. $13,046,250
, $14,288,750
Time left 0 : 1 6 : 4 5 Ashford, Inc. is an all -

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