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The following data apply to Elizabeth's Electrical Equipment: (Value of operations ... $20,000) ; (Short-term investments ... $1,000) ; (Debt ... $6,000) ; (Number of
The following data apply to Elizabeth's Electrical Equipment: (Value of operations ... $20,000) ; (Short-term investments ... $1,000) ; (Debt ... $6,000) ; (Number of shares ... 300) ... The company plans on distributing $50 million by repurchasing stock. What will the intrinsic per share stock price be immediately after the repurchase? a) $47.50 b) $50.00 c) $52.50 d) $55.13 e) $57.88
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