Question: solve both For questions 34 to 35, please read the following case Eaton Corporation has a market capitalization of $2 billion and 50 million shares

solve both solve both For questions 34 to 35, please read the following case

For questions 34 to 35, please read the following case Eaton Corporation has a market capitalization of $2 billion and 50 million shares outstanding. It plans to distribut te $200 million through an open market repurchase. Please assume perfect capital markets. 34. How many shares will be repurchased? A. 2 million shares B. 3 million shares C. 4 million shares D. 5 million shares E. 6 million shares 35. What will the price per share of Eaton be right after the repurchase? A. $30 B. S35 C $40 D. $45 E.$50

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