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Bo's Home Manufacturing has 340,000 shares outstanding that sell for $45.25 per share. The company has announced that it will repurchase $54,000 of its stock.

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Bo's Home Manufacturing has 340,000 shares outstanding that sell for $45.25 per share. The company has announced that it will repurchase $54,000 of its stock. What will the share price be after the repurchase? Multiple Choice

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