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A firm's market value balance sheet shows cash of $ 4 0 0 , 0 0 0 , other assets of $ 4 5 0

A firm's market value balance sheet shows cash of $400,000, other assets of $450,000, and
equity of $850,000. The firm has 6,000 shares of stock outstanding and will repurchase 1,000
shares of stock. What will the price per share be after the repurchase?
A) $170.00
B) $118.06
C) $141.67
D) $90.00
E) $75.00
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