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= = = Shares of Modern Data are selling for $75 per share. There are three million shares outstanding. What will be the share price

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Shares of Modern Data are selling for $75 per share. There are three million shares outstanding. What will be the share price if the company repurchases 345,000 of its shares at $75 apiece? Ignore taxes. Multiple Choice $90.00. $60.00. $66.38. $84.75. $75.00.

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