What will the intrinsic stock price per share

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The following data apply to Elizabeth's Electrical Equipment (all inputs are in millions): Value of operations $20,000 Short-term investments $1,000 Debt $6,000 Number of shares 300 The company plans on distributing $50 million by repurchasing stock. What will the intrinsic stock price per share be immediately after the repurchase?

Reference no: EM13971266

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