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Exigent, Inc. repurchases 5,000 shares of $1 par value common stock at $12 per share. What is the cash flow amount resulting from this

Exigent, Inc. repurchases 5,000 shares of $1 par value common stock at $12 per share. What is the cash flow amount resulting from this share repurchase? (Note: inflows are positive and outflows are negative).

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