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The share of ABC company is trading at $20 per share. The company has 1 million shares outstanding. The company is planning to repurchase the
The share of ABC company is trading at $20 per share. The company has 1 million shares outstanding. The company is planning to repurchase the 100,000 shares at market price. The market capitalization and the new share price of ABC company after the shares repurchase are equal to: O 2.3 million--$18 O 2.8 million--$24 O 18 million--$20 O 2.2 million--$17
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