How much would it cost for Chester
How much would it cost for Chester Corporation to repurchase all its outstanding shares if the price fell by 10%? Assume no brokerage fees.
Select: 1
$73.9 million
$82.1 million
$84.0 million
$91.1 million
How much would it cost for Chester Corporation to repurchase all its outstanding shares if the price fell by 10%? Assume no brokerage fees.
Select: 1
$73.9 million
$82.1 million
$84.0 million
$91.1 million
total shares *0.9*share price
=3231989*25.39*90/100=73854180.64
