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Business, 10.05.2021 22:30 jenn8214p3e8mx

A firm has 20 million shares outstanding with a market price of $20 per share. The firm has $35 million in extra cash (short-term investments) that it plans to use in a stock repurchase; the firm has no other financial investments or any debt. What is the firm's value of operations after the repurchase

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A firm has 20 million shares outstanding with a market price of $20 per share. The firm has $35 mill...
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