Question: VanMannen Foundations, Inc. (VF) VanMannen Foundations, Inc. (VF) is a zero-growth company that currently has zero debt, and it has the data shown below. PEBIT

VanMannen Foundations, Inc. (VF) VanMannen Foundations, Inc. (VF) is a zero-growth

VanMannen Foundations, Inc. (VF) VanMannen Foundations, Inc. (VF) is a zero-growth company that currently has zero debt, and it has the data shown below. PEBIT = $80,000 0% 10.0% Growth Orig cost of equity, rs- No. of shares - Price per share = Tax rate - 10,000 $60.00 25% Refer to the data for VanMannen Foundations, Inc. (VF). What would the stock price be if VF issued the new debt and immediately used the proceeds to repurchase stock? O a. $66.71 O b. $73.68 O c. $68.42 O d. $70.18 O e. $65.04

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