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Bo's Home Manufacturing has 430,000 shares outstanding that sell for $47.32 per share. The company has announced that it will repurchase $63,000 of its stock.

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Bo's Home Manufacturing has 430,000 shares outstanding that sell for $47.32 per share. The company has announced that it will repurchase $63,000 of its stock. What will the share price be after the repurchase? Multiple Choice $44.37 $47.47 $47.32 $41.28 $47.17

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