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The balance sheet for Chevelle Corp. is shown here in market value terms. There are 8,000 shares of stock Market Value Balance Sheet s 45,600
The balance sheet for Chevelle Corp. is shown here in market value terms. There are 8,000 shares of stock Market Value Balance Sheet s 45,600 Equity $ 545,600 Fixed assets 500,000 Total 545,600 Total 545,600 Instead of a dividend of $1.90 per share, the company has announced a share repurchase of $15,200 worth of stock. 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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