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You are a financial analyt in an investment advisory firm and you are helping your client to evaluate the value of a potential M&A target, WWG, inc. You estimate that WWG's enterprise value is $457.6 million. It has $10.7 million debt and $56.2 million cash on hand. What would be your price to acquire 51% equity of WWG (in $ millions)? You are a financial analyt in an investment advisory firm and you are helping your client to evaluate the value of a potential M&A target, WWG, inc. You estimate that WWG's enterprise value is $457.6 million. It has $10.7 million debt and $56.2 million cash on hand. What would be your price to acquire 51% equity of WWG (in $ millions)?
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Related Book For
Intermediate Financial Management
ISBN: 978-1285850030
12th edition
Authors: Eugene F. Brigham, Phillip R. Daves
Posted Date:
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