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A company currently has 170,000 shares outstanding. Each share has a market price of $10. If the company buys back $250,000 worth of shares at

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A company currently has 170,000 shares outstanding. Each share has a market price of $10. If the company buys back $250,000 worth of shares at the market price, determine the value of each share after the share buyback. Ignore tax. Show all relevant calculations

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