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Assume a company will repurchase $ 2 5 0 , 0 0 0 of its common shares using excess cash. Information prior to the repurchase
Assume a company will repurchase $ of its common shares using excess cash. Information prior to the repurchase appears below. What will be the return on equity ROE following the repurchase?
Cash $
Other assets $
Debt $
Common equity $
Net income $
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