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gulf shores inn is comparing two separate capital structures. the first structure consists of 345,000 shares of stock and no debt. the second structure consists of 306,000 shares of stock and $2.14 million of debt. what is the price per share of equity? multiple choice $67.53 $57.48 $54.87 $70.91 $62.71

User Bhavinb
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Final answer:

To determine the price per share of equity for Gulf Shores Inn with the information provided in the question, crucial details such as the company's total profits or value are missing. Therefore, it is not possible to accurately select from the multiple choice answers.

Step-by-step explanation:

The student's question pertains to comparing two different capital structures for Gulf Shores Inn and determining the price per share of equity. In the provided scenarios, different Present Discounted Value (PDV) calculations are mentioned where total profits are divided by the number of shares to find the price per share.

For the sake of answering the student's specific question about Gulf Shores Inn and not Babble, Inc., additional information would be required, such as the total profis or the value of the company, to accurately calculate the price per share. Without this key piece of information, providing the correct answer from the given multiple choices is not possible.

User You Kuper
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