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The following data apply to Garber Industries, Inc. (GII): Value of operations $1,000 Short-term investments $600 Debt $100 Number of shares 100 The company plans

The following data apply to Garber Industries, Inc. (GII):

Value of operations $1,000
Short-term investments $600
Debt $100
Number of shares 100

The company plans on distributing $100 as dividend payments. What will the intrinsic per share stock price be immediately after the distribution?

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