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J&R Corporation has 410,000 shares outstanding at a current price of $46.86 per share. The firm announced that it will repurchase $61,000 of its stock.
J&R Corporation has 410,000 shares outstanding at a current price of $46.86 per share. The firm announced that it will repurchase $61,000 of its stock. What will the share price be after the repurchase? Multiple Choice O $46.35 $40 O S467 0034 $4701
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Chains Of Finance How Investment Management Is Shaped
Authors: Diane-Laure Arjalies, Philip Grant, Iain Hardie, Donald MacKenzie, Ekaterina Svetlova
1st Edition
