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What will the intrinsic per share stock price

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Reference no: EM132776031

Question - Bear Down Inc. has the following data:

Value of operations: $19,000

Short-term investments; $1,000

Debt: $5,000

Number of Shares: 300

Bear Down will be distributing $1,000 by repurchasing stock. What will the intrinsic per share stock price be immediately after the repurchase?

Reference no: EM132776031

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