A corporation has 270,000 shares of common stock outstanding. Each share currently sells for $43.64. The corporation has just made a public announcement that it plans to repurchase $47,000 worth of its common stock. The price per share of common stock after the stock repurchase will be?

Sep 8, 2023

A corporation has 270,000 shares of common stock outstanding. Each share currently sells for $43.64. The corporation has just made a public announcement that it plans to repurchase $47,000 worth of its common stock. The price per share of common stock after the stock repurchase will be?

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A corporation has 270,000 shares of common stock outstanding. Each share currently sells for $43.64. The corporation has just made a public announcement that it plans to repurchase $47,000 worth of its common stock. The price per share of common stock after the stock repurchase will be?
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