assume that AJC is considering changing from its original capital structure to a new capital structure with 50% debt and 50% equity.If it makes this change, its resulting market value would be $820,000.What would be its new stock price per share?
A)$58
B)$59
C)$60
D)$61
E)$62

Question

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The Answer of assume that AJC is considering changing from its original capital structure to a new capital structure with 50% debt and 50% equity.If it makes this change, its resulting market value would be $820,000.What would be its new stock price per share?
A)$58
B)$59
C)$60
D)$61
E)$62

Assume That AJC Is Considering Changing from Its Original Capital