What will the price per share of EJH be right

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Reference no: EM132861172

Question - EJH Company has a market capitalization of $1.4 billion and 35 million shares outstanding. It plans to distribute $110 million through an open market repurchase. Assuming perfect capital? markets:

a. What will the price per share of EJH be right before the repurchase?

b. How many shares will be repurchased?

c. What will the price per share of EJH be right after the repurchase?

Reference no: EM132861172

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