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AMC Corporation currently has an enterprise value of $ 3 4 0 million and $ 1 0 0 million in excess cash. The firm has

AMC Corporation currently has an enterprise value of $ 340 million and $ 100 million in excess cash. The firm has 20 million shares outstanding and no debt. Suppose AMC uses its excess cash to repurchase shares. After the share repurchase, news will come out that will change AMC's enterprise value to either $ 540 million or $ 140 million.
What is AMC's share price after the repurchase if its enterprise value goes up? What is AMC's share price after the repurchase if its enterprise value declines?
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Part 1
AMC's share price after the repurchase if its enterprise value goes up is $
enter your response here. (Round to two decimal places.)
Part 2
AMC's share price after the repurchase if its enterprise value declines is $
enter your response here. (Round to two decimal places.)

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