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1b) Suppose that each bank has one million shares outstanding. Given your answer to part a, compute the per share stock price of a bank

1b) Suppose that each bank has one million shares outstanding. Given your answer to part a, compute the per share stock price of a bank under three circumstances: right before it announces how it will pay off its debt, right after announcing that it will issue equity to pay off its debt, and right after announcing that it will liquidate corporate loans to pay off its debt.

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