Business, 17.12.2019 00:31 danibe98r

Luther is a successful logistical services firm that currently has $5 billion in cash. luther has decided to use this cash to repurchase shares from its investors, and has already announced the stock repurchase plan. currently luther is an all equity firm with 1.25 billion shares outstanding. luther's shares are currently trading at $20 per share. after the repurchase how many shares will luther have outstanding? a) 0.75 billionb) 1.0 billionc) 1.1 billiond) 1.2 billion

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Luther is a successful logistical services firm that currently has $5 billion in cash. luther has de...

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