Find market price per share of? luther stock

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Use the information for the? question(s) below. Luther is a successful logistical services firm that currently has? $5 billion in cash. Luther has decided to use this cash to repurchase shares from its investors and has already announced the stock repurchase plan. Currently Luther is an? all-equity firm with 1.25 billion shares outstanding.? Luther's shares are currently trading at? $20 per share.

With perfect capital? markets, what is the market price per share of? Luther's stock after the share? repurchase?

A. ?$24

B. ?$25

C. ?$20

D. ?$18

E. ?$15

Reference no: EM133074851

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