ECB Co. has 1.45 million shares outstanding selling at $25 per share. It plans to repurchase 102,000

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ECB Co. has 1.45 million shares outstanding selling at $25 per share. It plans to repurchase 102,000 shares at the market price. What will its market capitalization be after the repurchase? What will its stock price be?

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Fundamentals Of Corporate Finance

ISBN: 9781292437156

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Feb 21, 2024 10:00 AM

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ECB Co. has 1.45 million shares outstanding selling at $25 per share. It plans to repurchase 102,000

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Market Capitalization after Repurchase 1 Calculate the market capitalization before repurchase Marke...View the full answer

Fundamentals Of Corporate Finance

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