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Rufus Roofs has 45,800 shares of stock outstanding at a price per share of $86. Mr. Rufus has recommended repurchasing 8,000 of those shares in

Rufus Roofs has 45,800 shares of stock outstanding at a price per share of $86. Mr. Rufus has recommended repurchasing 8,000 of those shares in the open market. What will the price per share be after the share repurchase is completed? Ignore taxes and market imperfections. O $70.97 O $68.89 O $101.02 $86.00 0 $98.00

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