Business, 18.12.2019 18:31 aliyahgregory
He decides to take the company public through an ipo, issuing 2 million new shares. assuming that he successfully completes the ipo, the net income for the next year is estimated to be $9 million. his banker informs him that the price of shares should be set using average price-earnings ratios for similar businesses, which is 14. what will be the ipo price per share?
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He decides to take the company public through an ipo, issuing 2 million new shares. assuming that he...
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