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4. A company has 250,000 shares of no-par stock outstanding and a total market capitalization of $1,750,000. The company decides to use its excess cash

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4. A company has 250,000 shares of no-par stock outstanding and a total market capitalization of $1,750,000. The company decides to use its excess cash to repurchase 25,000 shares of stock. a. (6 points) Record the JE for the share repurchase: bil moble o 2).02 choose to b. (6 points) Assume all 250,000 shares were initially issued at a price of $3. Calculate contributed capital after the share repurchase

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