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Homework answers / question archive / Bear Down Inc

Bear Down Inc

Finance

Bear Down Inc. has the following data:

  • Value of operations: $19,000
  • Short-term investments; $1,000
  • Debt: $5,000
  • Number of Shares: 300

Bear Down will be distributing $1,000 by repurchasing stock. What will the intrinsic per share stock price be immediately after the repurchase?

Option 1

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