Harper Industries has $300 million of common equity on its balance sheet; its stock price is $80 per share; and its market value added (MVA) is $50 million. How many common shares are currently...


Harper Industries has $300 million of common equity on its balance sheet; its stock price is $80 per share; and its market value added (MVA) is $50 million. How many common shares are currently outstanding? Write out your answer completely. For example, 5 million shares should be entered as 5,000,000. Round your answer to the nearest whole number, if necessary.



Jun 10, 2022
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