Hartford Mining has 50 million shares that are currently trading for $7 per share and $130 million worth of debt.
Hartford Mining has 50 million shares that are currently trading for $7 per share and $130 million worth of debt. The debt is risk free and has an interest rate of 7%â, and the expected return of Hartford stock is 10%. Suppose a mining strike causes the price of Hartford stock to fall 22% to […]