You've decided to use the enterprise valuation method to value a new company, Ward's Shoes. You've estimated
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Question:
You've decided to use the enterprise valuation method to value a new company, Ward's Shoes. You've estimated that the value of their operation is $ million, and the company has $ million in debt outstanding. If Ward's Shoes has million shares outstanding, what is a fair price of a share of stock in the company?
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