6. value: 10.00 points Question 6 (of 10) The balance sheet for Ferguson Corp. is shown here in market value terms. There are 5,000 shares of stock outstanding. Cash Fixed assets Total Market Value Balance Sheet $ 44,500 Equity $434,500 390,000 $434,500 Total $434,500 Instead of a dividend of $1.30 per share, the company has announced a share repurchase of $6,500 worth of stock. How many shares will be outstanding after the repurchase? (Do not round intermediate calculations. Round your final answer to 2 decimal places, e.g., 32.16.) Shares outstanding What will the price per share be after the repurchase? (Do not round intermediate calculations. Round your final answer to 2 decimal places, e.g., 32.16.) New stock price Hints References eBook & Resources Hint #1 Check my work Save & Exit Submit