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Trian Inc. is considering changing from its original capital structure to a new capital structure that results in a stock price of $64 per share.
Trian Inc. is considering changing from its original capital structure to a new capital structure that results in a stock price of $64 per share. The resulting capital structure would have a $336,000 total market value of equity and $504,000 market value of debt. If the company had 10,000 shares outstanding before the recapitalization, how many shares would Trian repurchase?
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