What will be the price of the stock after the, Financial Management

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What will be the price of the stock after the

Suppose a corporation currently has $300 Million of USDs in excess cash available to repurchase stock or pay dividends on its 8 million shares. Suppose the corporation decides to use the $300 Million to repurchase shares on the open market. If the current stock price is $13, what will be the price of the stock after the repurchase?

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Financial Management: What will be the price of the stock after the

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