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A firm has 35,000 shares of stock outstanding at a price per share of $26. The company has decided to repurchase 5130,000 worth of shares.

A firm has 35,000 shares of stock outstanding at a price per share of $26. The company has decided to repurchase 5130,000 worth of shares. After the repurchase the will be _shares outstanding 5.000 shares 30,000 shares 25.000 shares 40,000 shares

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