Currently otter inc has 100000 shares with a price of 10


Currently Otter Inc has 100,000 shares with a price of 10$ per share and no debt. Corporate income taxes are 30%. Suppose that tomorrow Otter suddenly and unexpectedly decides to borrow money and repurchase 20,000 shares. How much will it borrow?

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Financial Management: Currently otter inc has 100000 shares with a price of 10
Reference No:- TGS02153905

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