1. Company A has a market capitalization of $1,006,998,434 and 23,789,397 shares outstanding. It plans to distribute $12,861,699 through an open market repurchase. Assuming perfect capital markets: What will the price per share of the firm be right after the repurchase?

NOTE: Submit your answers with 4 decimals after the dot.

2. Corporation A currently has an enterprise value of $394,988,766 and $109,271,168 in excess cash. The firm has 11,937,246 shares outstanding and no debt. Suppose the firm uses its excess cash to repurchase shares. After the share repurchase, news will come out that will change AMCs enterprise value to either $465,709,543 or $298,820,025. What is the firm's share price prior to the share repurchase?

NOTE: Submit your answers with 4 decimals after the dot.