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The balance sheet for Levy Corp. is shown here in market value terms. There are 6 , 0 0 0 shares of stock outstanding. Instead

The balance sheet for Levy Corp. is shown here in market value terms. There are 6,000 shares of stock outstanding.
Instead of a dividend of $1.50 per share, the Levy has announced it will repurchase $9,000 worth of stock.
How many shares will be outstanding after the repurchase? (Do not round intermediate calculations. Round the answer to the
nearest whole number.)
Shares outstanding
What will the price per share be after the repurchase? (Do not round intermediate calculations. Round the final answer to 2 decimal
places. Omit $ sign in your response.)
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