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The Following Data Apply to Hill's Hiking Equipment: the Company

Question 50

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The following data apply to Hill's Hiking Equipment: The following data apply to Hill's Hiking Equipment: The company plans on distributing $50 million by repurchasing stock. What will the intrinsic per share stock price be immediately after the repurchase? A) $47.50 B) $50.00 C) $52.50 D) $55.13 E) $57.88 The company plans on distributing $50 million by repurchasing stock. What will the intrinsic per share stock price be immediately after the repurchase?


A) $47.50
B) $50.00
C) $52.50
D) $55.13
E) $57.88

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