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A firm's next period market value of equity is $5 million and there are 100,000 shares outstanding, with a required rate of 15%. What is

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A firm's next period market value of equity is $5 million and there are 100,000 shares outstanding, with a required rate of 15%. What is the number of shares outstanding if a firm spends its extra $500000 to buy back its shares at $25 per share? 90,000Shares50,000Shares60,000Shares70,000Shares80,000Shares

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