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Walmarket Inc. currently has 1 2 , 4 0 0 shares of stock outstanding, and 8 , 5 0 0 corporate bonds. Each stock share

Walmarket Inc. currently has 12,400 shares of stock outstanding, and 8,500 corporate bonds. Each stock share is traded for $139.00, and each bond is traded for $940.00 in today's market. Walmarket Inc. announced this morning that it will buy back $420,000 worth of shares. Following this transaction, the price of stock should equal on per share basis.
$89.50
$109.50
$139.00
$159.00
$179.50
$209.00
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