The Jenkins Co. is considering a project which requires the purchase of $315,000 of ﬁxed assets. The net present value of the project is $20,000. Equity shares will be issued as the sole means of
ﬁnancing the project. What will the new book value per share be after the project is implemented
Given the following current information on the ﬁrm?

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The Answer of The Jenkins Co. is considering a project which requires the purchase of $315,000 of ﬁxed assets. The net present value of the project is $20,000. Equity shares will be issued as the sole means of
ﬁnancing the project. What will the new book value per share be after the project is implemented
Given the following current information on the ﬁrm?