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6. YXZ is an all equity financed firm. It has 1,000 share outstanding worth $10.00 each. YXZ decide to buy back 200 shares. It makes

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6. YXZ is an all equity financed firm. It has 1,000 share outstanding worth $10.00 each. YXZ decide to buy back 200 shares. It makes a tender-offer to shareholders to buy the shares at a price of $12.00 per share. Ignoring any other influences, what will be the price of a share after the repurchase? A. $11.50 B. $10.00 C. $9.50 D. $9.00 E. none of the above 7." A floating lien loan is secured by a group of assets that are not individually identified." A. True B. False

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