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Business, 05.05.2020 08:08 electrofy456

EJH Company has a market capitalization of $ 1.3 billion and 25 million shares outstanding. It plans to distribute $ 105 million through an open market repurchase. Assuming perfect capital markets: a. What will be the price per share of EJH right before the repurchase? b. How many shares will be repurchased? c. What will be the price per share of EJH right after the repurchase?

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