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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
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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