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Shares in Growth Corporation are selling for $ 4 0 per share. There are 1 0 million shares outstanding. The company repurchases 1 0 0

Shares in Growth Corporation are selling for $

40

per share. There are

10

million shares outstanding. The company repurchases

100, 000

shares. After the repurchase: How many shares will be outstanding? What will be the price per share?

Outstanding shares

=

Price per share

=

Could you answer these questions

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