Cholla Company currently has 30,000 shares outstanding. Each share has a market value of $20. If the

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Cholla Company currently has 30,000 shares outstanding. Each share has a market value of $20. If the firm repurchases $150,000 worth of shares, then what will be the value of each share outstanding after the repurchase? Ignore taxes.

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 12, 2012 01:19 AM

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Cholla Company currently has 30,000 shares outstanding. Each share has a market value of $20. If the

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The current value of all of the shares is 30000 20 600...View the full answer

Fundamentals of corporate finance

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