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An all equity firm has total assets of $400 million with 40 million shares outstanding. It issues $100 million of debt and repurchases 10 million

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An all equity firm has total assets of $400 million with 40 million shares outstanding. It issues $100 million of debt and repurchases 10 million shares. The firm's tax rate is 30%. How much is the firm's stock price after the share repurchase? Share price is $ million. Do not include a $ sign in your

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