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EJH Company has a market capitalization of $1 billion and 20 million shares outstanding. It plans to distribute $100 million through an open market share

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EJH Company has a market capitalization of $1 billion and 20 million shares outstanding. It plans to distribute $100 million through an open market share repurchase. Assume perfect capital markets. What will the price per share of EJH be right before the share repurchase? a) b) How many shares will be repurchased? c What will the price per share of EJH be right after the share repurchase

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