A firm has 10 million shares outstanding with a 20 per, Finance Basics

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A firm has 10 million shares outstanding with a 20 per

A firm has 10 million shares outstanding, with a $20 per share market price. The firm has $25 million in extra cash that it plans to use in a stock repurchase; the firm has no other financial investments.

What is the firm's value of operations, and how many shares will remain after the repurchase?

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Finance Basics: A firm has 10 million shares outstanding with a 20 per

Reference No:- TGS0643549

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Recent Questions Asked Finance Basics

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Finance Basics: A firm has 10 million shares outstanding with a 20 per

Reference No:- TGS0643549

Recent Questions Asked Finance Basics

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