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Bock's Better Bakery has a current market value of equity of $65,693. Curently, the firm has excess cash of $5,552, total assets of $42,400, net

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Bock's Better Bakery has a current market value of equity of $65,693. Curently, the firm has excess cash of $5,552, total assets of $42,400, net income of $14,650, the firm has no outstanding debt, and 3,580 shares of stock outstanding. Bock's is going to use all of its excess cash to repurchase shares of stock. What will the stock price per share be after the stock repurchase is completed? Select one: a. $18.56 b. $18.35 C. $17.25 d. $16.95 e. $15.80 Which one of the following statements is correct concerning the

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