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KMS Company has a market capitalization of $600 million and 525 million shares outstanding. It plans to distribute 5160 million through an open market repurchase.

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KMS Company has a market capitalization of $600 million and 525 million shares outstanding. It plans to distribute 5160 million through an open market repurchase. Assuming perfect capital markets: a. What will be the price per share of KMS right before the repurchase? Answer: The price per share of KMS right before the repurchase is $ (Round to the nearestant) b. How many shares will be repurchased? Answer: The number shares to be repurchased is million (Round to two decimal places) What will be the price per share of KMS right after the repurchase? Answer: The price per share of KMS right after the repurchase is $ (Round to the nearest cent.)

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