help@plusacademics.org

[SOLVED] How much would it cost for Chester Corporation to repurchase all its outstanding shares if the price went up by 10%? Assume no brokerage fees.

How much would it cost for Chester Corporation to repurchase all its outstanding shares if the price went up by 10%? Assume no brokerage fees.

Select : 1

Submit Answer

  •  $163.4 million
  •  $148.6 million
  •  $83.0 million
  •  $75.5 million



honeyd


20-04-21 | 21:30:57

=share price *(1+10%)*number of shares
=79.57*1.1*1,867,129
=163,424,199

Login to answer this question!