What will the stock price per share be after the stock

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Ilusi Berhad has a current market value of equity of RM32,400. Currently, the firm has excess cash of RM2,100, total assets of RM22,400, net income of RM3,210, and 800 shares of stock outstanding. The company is going to use all of its excess cash to repurchase shares of stock. What will the stock price per share be after the stock repurchase is completed?

Reference no: EM132578122

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