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1. The balance sheet of Maple Express Inc. is shown here in market value terms. There are 10,000 shares of stock outstanding. Cash $16,000 Equity

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1. The balance sheet of Maple Express Inc. is shown here in market value terms. There are 10,000 shares of stock outstanding. Cash $16,000 Equity $175,000 Fixed Assets $159,000 175,000 175,000 The company has announced that it is going to repurchase $5,000 worth of stock. What will the price of the stock be after the repurchase? What is one advantage to a repurchase versus a special dividend

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