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  3. Study Set
    Fundamentals of Corporate Finance
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    Exam 2: Introduction to Financial Statement Analysis
  5. Question
    If on December 31, 2011 Luther Has 8 Million Shares
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If on December 31, 2011 Luther Has 8 Million Shares

Question 5

Question 5

Essay

If on December 31, 2011 Luther has 8 million shares outstanding trading at $15 per share, then what is Luther's enterprise value?

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Enterprise value = Market value of equit...

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