LALILL OUTIHTO 59 WORDS PON QUESTION 12 1 point ICLO 4) TNS has a market value equal to its book value. Currently, the firm has excess cash of $218,500, other assets of $897,309, and equity of $574,000. The firm has 40,000 shares of stock outstanding and net income of 559,800. Management has decided to spend 15.5 percent of the excess cash on a share repurchase program. How many shares of stock will be outstanding after the stock repurchase is completed? 48,050 37,640 47,937 37,604 37,717 Click Save and submit to save and submit. Click Save Allwer to save all as Save All Antwers Close Window MacBook Pro