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7a) Corporation A currently has an enterprise value of $387,073,054 and $114,625,221 in excess cash. The firm has 8,076,500 shares outstanding and no debt. Suppose

7a) Corporation A currently has an enterprise value of $387,073,054 and $114,625,221 in excess cash. The firm has 8,076,500 shares outstanding and no debt. Suppose the firm uses its excess cash to repurchase shares. After the share repurchase, news will come out that will change AMCs enterprise value to either $568,823,755 or $314,973,867 What would the firm's share price be after the repurchase if its enterprise value goes up? NOTE: Submit your answers with 4 decimals after the dot.

7b) Corporation A currently has an enterprise value of $443,050,386 and $98,315,433 in excess cash. The firm has 8,068,314 shares outstanding and no debt. Suppose the firm uses its excess cash to repurchase shares. After the share repurchase, news will come out that will change AMCs enterprise value to either $471,317,047 or $345,345,302

What would the firm's share price be after the repurchase if its enterprise value goes down?.

NOTE: Submit your answers with 4 decimals after the dot.

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