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The Realton company has assets worth EUR 1000 million, of which EUR 160 million are cash. Furthermore, its debt amounts to EUR 0.2 billion and

The Realton company has assets worth EUR 1000 million, of which EUR 160 million are cash. Furthermore, its debt amounts to EUR 0.2 billion and the company has 20 million shares outstanding. Assume perfect capital markets and no taxes. Realton would like to distribute its cash to its shareholders. If Realton uses all its cash for a share repurchase, what is the share price after repurchasing shares closest to?

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