Maurice Tutor

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Category > Accounting Posted 12 Jul 2017 My Price 4.00

Good Values, Inc

Good Values, Inc., is all-equity-financed. The total market value of the firm currently is $100,000, and there are 2,000 shares outstanding. Good Values plans to repurchase $20,000 worth of stock. Ignore taxes.

 

a. What will be the stock price before and after the repurchase?

 

 

  Stock Price
Before $ per share
After per share

Answers

Maurice Tutor
(5)
Status NEW Posted 12 Jul 2017 09:07 AM My Price 4.00

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