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ECB Co. has 1 million shares outstanding selling at $ 20 per share. It plans to repurchase 100,000 shares at the market price. What will
ECB Co. has 1 million shares outstanding selling at $ 20 per share. It plans to repurchase 100,000 shares at the market price.
What will be its market capitalization after the repurchase?
What will be its stock price?
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