Share stock price be immediately after the repurchase

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Reference no: EM131185055

The following data apply to Johnny’s Electrical Equipment: Value of operations $20B Short-term investments $ 1B Debt $ 6B Number of shares 300M The company plans on distributing $50 million by repurchasing stock. What will the intrinsic per share stock price be immediately after the repurchase?

Reference no: EM131185055

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