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ge learning Bex.html?deploymentid=5932632442075405831151475210XeISBN=9781337909686&snapshotid=1936781&i esCenter JSU GEM MINDTAP 11 Search thi - 11 and 14) Section 1 2 (Chapter 11 and 14) Section 1 ming 1:01:53

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ge learning Bex.html?deploymentid=5932632442075405831151475210XeISBN=9781337909686&snapshotid=1936781&i esCenter JSU GEM MINDTAP 11 Search thi - 11 and 14) Section 1 2 (Chapter 11 and 14) Section 1 ming 1:01:53 Save Submfor Grading stion 5 of 6 eBook Problem Walk-Through Stock Repurchase A firm has 10 million shares outstanding with a market price of $20 per share. The firm has $10 million in extra cash (short-term Investments) that it plans to use in a stock repurchase; the firm has no other financial investments or any debt. What is the firm's value of operations after the repurchase? Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answer to the nearest whole number. $ millon How many shares will remain after the repurchase? Round your answer to the nearest whole number shares O 12:24 10/6/ P FIZ $ % 5 &

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