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B&B Corporation has 450,000 shares outstanding at a current price of $47.78 per share. The firm announced that it will repurchase $65,000 of its stock.

B&B Corporation has 450,000 shares outstanding at a current price of $47.78 per share. The firm announced that it will repurchase $65,000 of its stock. What will the share price be after the repurchase?

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