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Bo's Home Manufacturing has 490,000 shares outstanding that sell for $48.70 per share. The company has announced that it will repurchase $69,000 of its stock.
Bo's Home Manufacturing has 490,000 shares outstanding that sell for $48.70 per share. The company has announced that it will repurchase $69,000 of its stock. What will the share price be after the repurchase? a) $48.56 b) $48.84 c) $48.70 d) $45.67 e) $42.49
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