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The balance sheet for Chevelle Corp. is shown here in market value terms. There are 8,000 shares of stock outstanding. Cash Fixed assets Total Market

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The balance sheet for Chevelle Corp. is shown here in market value terms. There are 8,000 shares of stock outstanding. Cash Fixed assets Total Market Value Balance Sheet $44,000 Equity $ 340,000 384,000 Total 384,000 384,000 Instead of a dividend of $1.70 per share, the company has announced a share repurchase of $13,600 worth of stock. How many shares will be outstanding after the repurchase? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Shares outstanding What will the price per share be after the repurchase? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) New stock price $

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