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Your corporation is declaring a share repurchase and has $10,000 to spend. Yourcorporationhas 700 shares ofstockoutstanding that is currently selling for $55.00 per share.Please show

Your corporation is declaring a share repurchase and has $10,000 to spend. Yourcorporationhas 700 shares ofstockoutstanding that is currently selling for $55.00 per share.Please show your calculations in the space provided.

If your corporation declares a stock repurchase how many shares of stock can your corporation repurchase for $10,000?

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