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XYZ Inc. has a value of operations of $50,000, short-term investments of $5,000, $25,000 in debt, and 500 shares outstanding. The company plans on distributing

XYZ Inc. has a value of operations of $50,000, short-term investments of $5,000, $25,000 in debt, and 500

shares outstanding. The company plans on distributing $2,500 through stock repurchases. Assuming the

repurchase does not signal new information, what will the stock price be immediately following the

repurchase?

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