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DIY has 42,033 shares outstanding and announces that it will issue $531,712 of debt to repurchase its stocks. After the recapitalization, its share price is

DIY has 42,033 shares outstanding and announces that it will issue $531,712 of debt to repurchase its stocks. After the recapitalization, its share price is $43.6 per share.If its tax rate is 37.27% , calculate the stock price before the recapitalization.

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