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Business, 17.12.2019 05:31 korirosekc

Luther is a successful logistical services firm that currently has $5 billion in cash. luther has decided to use this cash to repurchase shares from its investors, and has already announced the stock repurchase plan. currently luther is an all equity firm with 1.25 billion shares outstanding. luther's shares are currently trading at $20 per share. with perfect capital markets, what is the market price per share of luther's stock after the share repurchase? a) $25b) $24c) $15d) $20

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