The jean outlet is an all equity firm that has 154000, Financial Management

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The jean outlet is an all equity firm that has 154000

The Jean Outlet is an all equity firm that has 154000 shares of stock outstanding. The company has decided to borrow the $2.6 million to repurchase 9400 shares of its stock from the estate of a deceased shareholder. What is the total value of the firm if you ignore taxes?

Provide your answer in dollars, to the nearest $1. Do not enter the dollar sign, or any other punctuation.

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Financial Management: The jean outlet is an all equity firm that has 154000

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