8. Firms A and B participate in the same project and share the proceeds evenly. Neither firm has any other projects. Firm A has a debt of $2 million and 10000 shares outstanding. Each Firm A share is worth $50. Firm B has 5000 shares outstanding and no debt. How much is each share of B worth? Whose theorem did you use to calculate this?

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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8. Firms A and B participate in the same project and share the proceeds
evenly. Neither firm has any other projects. Firm A has a debt of $2 million and
10000 shares outstanding. Each Firm A share is worth $50. Firm B has 5000
shares outstanding and no debt. How much is each share of B worth? Whose
theorem did you use to calculate this?
Transcribed Image Text:8. Firms A and B participate in the same project and share the proceeds evenly. Neither firm has any other projects. Firm A has a debt of $2 million and 10000 shares outstanding. Each Firm A share is worth $50. Firm B has 5000 shares outstanding and no debt. How much is each share of B worth? Whose theorem did you use to calculate this?
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