How many shares will remain after the repurchase round your, Finance Basics

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How many shares will remain after the repurchase round your

A firm has 15 million shares outstanding with a market price of $60 per share. The firm has $33 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? Enter your answer in millions.

How many shares will remain after the repurchase? Round your answer to the nearest whole number.

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Finance Basics: How many shares will remain after the repurchase round your

Reference No:- TGS0603857

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Recent Questions Asked Finance Basics

Q : If net income next year is 15 million and puckett follows a

Q : As a bat flies toward a wall at a speed of570ms what

Q : A 50 kg textbook is raised a distance of 30 cm as a student

Q : Stepper motors are often used in low-power servomechanisms

Q : How many shares will remain after the repurchase round your

Q : Define working capital what is the difference between

Q : The si units of mass density are kgm3 but there are several

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Request for Solution File

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Finance Basics: How many shares will remain after the repurchase round your

Reference No:- TGS0603857

Recent Questions Asked Finance Basics

Q : If net income next year is 15 million and puckett follows a

Q : As a bat flies toward a wall at a speed of570ms what

Q : A 50 kg textbook is raised a distance of 30 cm as a student

Q : Stepper motors are often used in low-power servomechanisms

Q : How many shares will remain after the repurchase round your

Q : Define working capital what is the difference between

Q : The si units of mass density are kgm3 but there are several

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Q : Describe the two major components of a working capital

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