Walton Inc. has total assets worth an intrinsic value of $5 million. This is entirely funded by 100,000 shares of equity which is currently trading at a price of $40 per share. If the company repurchases 20,000 of these shares at a price of $45 per share, what will be the intrinsic value per share after the repurchase is completed?

Answer rating: 100% (QA)

To determine the intrinsic value per share after the repurchase we need to calculate the new total e... View the full answer