10) A firm's market value balance sheet shows cash of $400,000, other assets of $450,000, and...
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10) A firm's market value balance sheet shows cash of $400,000, other assets of $450,000, and equity of $850,000. The firm has 6,000 shares of stock outstanding and will repurchase 1,000 shares of stock. What will the price per share be after the repurchase? 10) A firm's market value balance sheet shows cash of $400,000, other assets of $450,000, and equity of $850,000. The firm has 6,000 shares of stock outstanding and will repurchase 1,000 shares of stock. What will the price per share be after the repurchase?
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