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Swift Water Foods announced this morning that it will be doing a stock repurchase this month valued at $160,000. Currently, the firm has 110,000 shares
Swift Water Foods announced this morning that it will be doing a stock repurchase this month valued at $160,000. Currently, the firm has 110,000 shares of stock outstanding. The book value of the firm is $620,000 and the market value is $2.4 million. All else equal, what will the market price be per share of stock after the repurchase
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Mathematical Applications for the Management Life and Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
11th edition
978-1305108042
