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Bo's Home Manufacturing has 260,000 shares outstanding that sell for $43.41 per share. The company has announced that it will repurchase $46,000 of its stock.

Bo's Home Manufacturing has 260,000 shares outstanding that sell for $43.41 per share. The company has announced that it will repurchase $46,000 of its stock. What will the share price be after the repurchase?

Multiple Choice

  • $43.59

  • $37.83

  • $43.41

  • $40.71

  • $43.23

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