Market-Value Balance Sheets. Construct a market-value balance sheet for FedEx, using the information in Table 7.1 and stock prices reported in Sections 7.1 and 7.2. Assume that market and book values are equal for current assets, current liabilities, and debt and other long-term liabilities.

Aug 16, 2017 · Construct the company’s market value balance sheet immediately after the announcement of the debt issue. What is the company’s stock price per share immediately after the repurchase announcement? How many shares will the company repurchase as a result of the debt issue?