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An all equity firm has total assets of $400 million with 40 million shares outstanding. It issues $100 million of debt and repurchases 10 million

An all equity firm has total assets of $400 million with 40 million shares outstanding. It issues $100 million of debt and repurchases 10 million shares. The firms tax rate is 30%. How much is the firms stock price after the share repurchase? Share price is $______ million. Do not include a $ sign in your answer.

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