The following table presents a four-year forecast for Kenmore Air, Inc.:

-Estimate the fair market value per share of Kenmore Air's equity at the end of 2016 if the company has 40 million shares outstanding and the market value of its interest-bearing liabilities on the valuation date equals $250 million.

Question

The following table presents a four-year forecast for Kenmore Air, Inc.:
 
-Estimate the fair market value per share of Kenmore Air's equity at the end of 2016 if the company has 40 million shares outstanding and the market value of its interest-bearing liabilities on the valuation date equals $250 million.

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The Answer of The following table presents a four-year forecast for Kenmore Air, Inc.:
 
-Estimate the fair market value per share of Kenmore Air's equity at the end of 2016 if the company has 40 million shares outstanding and the market value of its interest-bearing liabilities on the valuation date equals $250 million.

The Following Table Presents a Four-Year Forecast for Kenmore Air