Equity value question
Saw this question on LinkedIn,
If a company raises $200m in equity and then uses $100m to build a new headquarters, how is Equity Value affected?
Answer is apparently -100, can anyone explain this?
Saw this question on LinkedIn,
If a company raises $200m in equity and then uses $100m to build a new headquarters, how is Equity Value affected?
Answer is apparently -100, can anyone explain this?
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