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A firm has 10 million shares outstanding with a market price of$15 per share. The firm has $40 million in extra cash (short-terminvestments) that it

A firm has 10 million shares outstanding with a market price of$15 per share. The firm has $40 million in extra cash (short-terminvestments) that it plans to use in a stock repurchase; the firmhas 2 answers

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