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As of September 5, 2022, the current market price of Target Corporation's common stock was $164.60. Target Corporation (TGT) NYSE - Nasdaq Real Time Price.

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As of September 5, 2022, the current market price of Target Corporation's common stock was $164.60. Target Corporation (TGT) NYSE - Nasdaq Real Time Price. Currency in USD 164.60-0.24 (-0.15\%) At close: September 2 04:03PM EDT However, on the company's balance sheet, the par value of the stock $0.083 and the average issue price was $1272. [($42,000,000+$6,329,000,000)/500,877,129]. 1. Use your knowledge of stock prices to explain the difference between average issue price and current market price. (5 points). 2. Choose one reason a company might buy back its own stock (treasury stock) and explain the reason. (5 points) As of September 5, 2022, the current market price of Target Corporation's common stock was $164.60. Target Corporation (TGT) NYSE - Nasdaq Real Time Price. Currency in USD 164.60-0.24 (-0.15\%) At close: September 2 04:03PM EDT However, on the company's balance sheet, the par value of the stock $0.083 and the average issue price was $1272. [($42,000,000+$6,329,000,000)/500,877,129]. 1. Use your knowledge of stock prices to explain the difference between average issue price and current market price. (5 points). 2. Choose one reason a company might buy back its own stock (treasury stock) and explain the reason. (5 points)

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