3. ECB Co. has 1 million shares outstanding selling at $20 per share. It plans to repurchase...

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3. ECB Co. has 1 million shares outstanding selling at $20 per share. It plans to repurchase 100,000 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: 9781292018409

3rd Global Edition

Authors: Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Oct 21, 2024 11:00 AM

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3. ECB Co. has 1 million shares outstanding selling at $20 per share. It plans to repurchase...

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Fundamentals Of Corporate Finance

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