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Cosmic crew, Co has 3 million shares outstanding. The shares are currently selling for $40. If the firm repurchases $10 million at market prices, approximately

Cosmic crew, Co has 3 million shares outstanding. The shares are currently selling for $40. If the firm repurchases $10 million at market prices, approximately how much will the stock be worth after the repurchase? Ignore taxes.

$40

$38

$42

$50

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