) Suppose SSC has decided to distribute $50 million, which it presently is holding in very liquid short-term investments. SSCs value of operations is estimated to be about $1,937.5 million, and it has $387.5 million in debt (it has no preferred stock). As mentioned previously, SSC has 100 million shares of stock outstanding.(1)
) Suppose SSC has decided to distribute $50 million, which it presently is holding in very liquid short-term investments. SSC’s value of operations…
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