Math  /  Word Problems

QuestionFullen Machinery invests \$400M in equipment with a \$700M future cash flow. How will this affect stock price from \$36? A. \$33.50 B. \$37.50 C. \$39.50

Studdy Solution
Calculate the new stock price.
Newstockprice=$36+$.5=$37.5New\, stock\, price = \$36 + \$.5 = \$37.5The theoretical effect of the new equipment on Fullen's stock price is an increase to $37.50 per share.

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