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The balance sheet for Ferguson Corp. is shown here in market value terms. There are 8,000 shares of stock outstanding. Instead of a dividend of
The balance sheet for Ferguson Corp. is shown here in market value terms. There are 8,000 shares of stock outstanding. Instead of a dividend of $1.90 per share, the company has announced a share repurchase of $15.200 worth of stock. How many shares will be outstanding after the repurchase? What will the price per share be after the repurchase
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