A firm has a market value equal book value excess of 800, Finance Basics

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A firm has a market value equal book value excess of 800

Question: A firm has a market value equal book value excess of $800, other assets or ss.200. and equry of $6.000.The firm has 600 shares of stock outstanding and net income of $500 The firm has decided to spend half of its excess cash on a share repurchase program. How many shares or stock will be outstanding after the stock repurchase is completed?

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Finance Basics: A firm has a market value equal book value excess of 800

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Finance Basics: A firm has a market value equal book value excess of 800

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