The balance sheet for Levy Corp. is shown here in market value terms. There are 10,000 shares of stock outstanding.

Market Value Balance Sheet
Cash	$	44,200		Equity	$	404,200
Fixed assets		360,000
Total	$	404,200		Total	$	404,200

Instead of a dividend of $1.90 per share, the company has announced a share repurchase of $19,000 worth of stock.

How many shares will be outstanding after the repurchase? (Do not round intermediate calculations and round your 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 answer to 2 decimal places, e.g., 32.16.)

New stock price

$