How many shares will remain after the repurchase

Reference no: EM13273818

A firm has 20 million shares outstanding with a market price of $35 per share. The firm has $10 million in extra cash (short-term investments) that it plans to use in a stock repurchase; the firm has no other financial investments or any debt. What is the firm's value of operations after the repurchase? Enter your answer in millions.

how many shares will remain after the repurchase round nearest whole number shares?.

Reference no: EM13273818

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How many shares will remain after the repurchase : how many shares will remain after the repurchase round nearest whole number shares?

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