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Northern Financial Co . has a BVPS of S 5 . The company has announced a S 1 5 million share buyback. The share price

Northern Financial Co. has a BVPS of S5. The company has announced a S15 million share buyback. The share price is 560 and the company has 40 million shares outstanding. After the share repurchase, the company's BVPS will be closest to:
A. $4,65.
B. $4.90.
C. $5.03
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