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Q 1 . The balance sheet for Firth Group is provided below in market value terms. There are 1 2 , 0 0 0 shares

Q1. The balance sheet for Firth Group is provided below in market value terms. There are 12,000 shares outstanding. If the company deicdes to buyback $23,800 worth of stock at $41.92 per share, what will the price per share be after the repurchase according to the Modigliani-Miller model?
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