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Agee Storage issued 2 5 million shares of its $ 1 par common stock at $ 1 0 per share several years ago. Last year,
Agee Storage issued million shares of its $ par common stock at $ per share several years ago. Last year, for the first time, Agee retired million shares at $ per share.
If Agee now retires million shares at $ per share, by what amount will Agee's total paidin capital decline?
Note: Enter your answer in millions ie should be entered as
Total paidin capital will decline by
million
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