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19. The following data apply to Elizabeth's Electrical Equipment: Value of operations $20,000 Short-term investments $4,000 Debt $6,000 Number of shares 300 The company plans

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19. The following data apply to Elizabeth's Electrical Equipment: Value of operations $20,000 Short-term investments $4,000 Debt $6,000 Number of shares 300 The company plans on distributing S4,000 by repurchasing stock. What will the intrinsic per share stock price be immediately after the repurchase? a. $47.50 b. $50.00 20k +4K-6k c. $S2.50 d/560.00 e. $57.88 300

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