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The balance sheet for Fourth Corp. is shown here in market value terms. There are...

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Finance

image The balance sheet for Fourth Corp. is shown here in market value terms. There are 6,000 shares of stock outstanding. Instead of a dividend of $1.80 per share, the company has announced a share repurchase of $10,800 worth of stock. How many shares will be outstanding after the repurchase? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) What will the price per share be after the repurchase? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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